Pennsylvania-based CNB Bank has selected nCino’s Bank Operating System to digitise its retail lending process.

The bank, which has $3.2bn in assets, intends to utilise the nCino platform to streamline onboarding, document management and lending through a single system.

The nCino Bank Operating System is a cloud-based solution that integrates customer relationship management (CRM), onboarding, account opening, loan origination, credit analysis and instant reporting capabilities among other tasks on one platform.

The deployment eliminates manual processes and increases transparency, mitigating lending risks and regulatory exposure.

Additionally, the move is expected to boost collaboration among bank employees and facilitate customer-to-banker flow of information.

CNB Bank vice-president of retail banking Ruth Anne Ryan-Catalano said: “We wanted a platform that could work with our existing processes along with the ability to be configured to meet our unique needs, both today and as future market forces demand.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We selected nCino because it met that criteria and can also provide us with back-end processing capabilities that will allow our employees to conduct their business with greater speed and visibility.”

nCino focuses on delivering cloud-banking solutions to financial institutions. It works with more than 250 financial institutions globally including Allied Irish Banks and Columbia Bank.

Recently, nCino completed a funding round to further develop its nCino Bank Operating System. According to a SEC filing, the company secured around $80m in the round.