nCino enhances efficiency to support growth ambitions while helping ensure data security at the Tokyo-based financial institution
Tokyo and Wilmington, NC -- 12 SEPTEMBER 2023 -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that The Nomura Trust & Banking Co., Ltd. (Nomura Trust), a Japanese trust bank and wholly-owned subsidiary of Nomura Holdings, Inc., has successfully implemented and is live on the nCino Cloud Banking Platform. This development marks a significant step forward in Nomura Trust's modernization journey.
Established in 1993, Nomura Trust provides trust and banking services, and currently has over ¥50 billion in capitalization. The bank recognized the need to modernize its operations to better serve its customers in the future and achieve key business objectives including eliminating inefficient operations, ensuring data security, integrating, and centralizing data, and better utilizing deal information.
After careful consideration, Nomura Trust chose nCino for its robust CRM capabilities, end-to-end loan approval functionality, and flexible cloud-based implementation. The platform also provides capabilities of customer-centric data management with improved security, which enables high-value-added services to customers and can help the bank drive top line growth.
Michigan-based community bank goes-live on the nCino platform in months, driving a more modern customer experience
Honor, MI and Wilmington, N.C. -- October 10, 2023 -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Honor Bank, a full-service community bank in Northern Michigan, is live on the nCino Cloud Banking Platform. The Bank implemented nCino's Commercial Banking Solution in just six months.
Honor Bank's dedication to its customers is at the forefront of this initiative, and the Bank is committed to leveraging the most advanced tools and technologies to deliver superior, efficient banking solutions. Honor Bank recognized an opportunity to modernize its technology stack and utilize a more modern solution that would connect the institution through a unified and customer-centric single platform. By adhering to nCino’s Gold Standards, a best practice guide for implementations, the Bank was able to go live on nCino’s Commercial Banking Solution on an accelerated timeline. With nCino, Honor Bank is streamlining operations and enhancing the customer experience while strengthening its competitive edge regionally.
“For over a century, Honor Bank has been deeply committed to serving the banking needs of the Northern Michigan community,” said Pamm Laing, Executive Vice President and Senior Credit Officer at Honor Bank. “As a part of this commitment, we believe in continuous innovation and improvement. Our partnership with nCino not only gives us a competitive advantage but provides us with the best tools to serve our customers so they have the banking experience they deserve.”
Will Cameron, SVP at nCino, added, "At nCino, we believe in the power of innovation to transform experiences. Partnering with Honor Bank, an institution that shares our vision of a modern and efficient banking experience, is incredibly exciting."
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. Through its single software-as-a-service (SaaS) platform, nCino helps financial institutions serving corporate and commercial, small business, consumer, and mortgage customers modernize and more effectively onboard clients, make loans, manage the loan lifecycle, and open accounts. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,850 financial services providers globally. For more information, visit www.ncino.com.
About Honor Bank
Honor Bank has been serving businesses and people in northwest Michigan since 1917, with offices in Bear Lake, Benzonia, Buckley, Copemish, Honor, Lake Ann, Petoskey, and two in Traverse City. For more information, visit myhonorbank.com, or follow Honor Bank on Facebook, LinkedIn, and Twitter. Member FDIC.
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