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.
Deloitte is the largest professional services network in the world, with offices in over 150countries.
nCino and Deloitte Spain have partnered to provide financial institutions in Spain with a cloud-based banking platform.
The platform will help financial institutions in Spain improve efficiency and customer service.
The partnership between the two firms builds on global implementation experience to help expand and accelerate the use of the nCino cloud banking platform across corporate and commercial lenders in Spain.
MADRID, 22 March 2023 — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced a partnership with Deloitte Spain, further expanding the organizations’ alliance. Deloitte is the largest professional services network in the world, with offices in over 150 countries and territories, and operates a global nCino-specific delivery Center of Excellence staffed by over 250 functional and technical experts certified on the nCino platform. Deloitte has successfully delivered nCino to more than 15 financial institutions with assets of between $750M and $600B in 4 countries.
According to Deloitte research, Spanish banks have had to face two significant atypical economic crises, which have required a great deal of management effort, but have also led to a major transformation drive. In this context, institutions are investing in the digitalization and automation of key processes to reduce costs and achieve greater agility in customer response. Currently, there is a great opportunity to improve loan origination—for both companies and individuals—a highly manual process with high response times, which causes a significant number of transactions to be lost, as well as a high operating cost.
In this regard, the strategic alliance will see digital, technology and domain professionals from the two organizations working together to simplify access to innovative solutions for corporate and commercial lenders in Spain. The collaboration will help financial institutions to optimize their processes with a powerful cloud-based platform, improving its efficiency and bolstering customer and employee engagement.
“We’re excited about expanding our alliance with Deloitte into Spain. Their reputation for delivering successful transformations aligns with nCino’s mission of transforming the financial services industry and as our presence in Spain increases, this is an exciting development,” said Shannon van Dulken, Head of Global Channels, EMEA at nCino.
“As a global strategic partner of nCino’s, Deloitte’s profound expertise in our offering will enable more financial institutions in Spain to prioritize operational efficiency and cost control, aligning innovation with automation for tangible results.”
José María Villar, Deloitte Spain Consultancy Partner, added that “Deloitte prides itself on working with best-of-breed technologies that deliver sustained value to our clients. As a pioneer in Cloud banking solutions, nCino has a track record of driving digital transformation at financial institutions globally. At Deloitte Spain, we’re uniquely positioned to combine our industry strength and expertise with Deloitte’s globally sourced nCino capabilities to deliver next level innovation for the local financial services industry.”
As a secure cloud-based solution, nCino empowers bank employees and leaders with true insight into the bank through an end-to-end platform that spans business lines and combines customer relationship management (CRM), customer onboarding, account opening, loan origination, workflow, credit analysis, enterprise content management and instant reporting capabilities. nCino is integrated into a bank’s core and transactional systems, while replacing one-off solutions and manual processes.
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino’s single cloud-based platform enhances the employee and client experience to enable financial institutions to more effectively onboard clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,750 financial institutions of all types and sizes on a global basis. For more information, visit www.ncino.com.
Deloitte has contributed to the development of business organizations and society during its more than 175 years of history. Faced with a constantly evolving reality, it has established itself as the advisor of reference for the transformation of large national and multinational companies using a multidisciplinary approach based on excellence, technological innovation and the continuous development of the talent of its professionals, maintaining its position as a leading professional services firm in Spain and the world. The organization has strengthened its position by impacting clients, communities and people through the Make an impact that matters initiative, which is implemented in social action programs -WorldClass-, action against climate change -WorldClimate-, and its ALL IN diversity and inclusion strategy. Deloitte Spain has more than 10,000 professionals in 22 offices located in the main cities. Globally, the firm is present in more than 150 countries, where more than 345,000 professionals work.