US-based lender Regions Bank has opted for nCino’s Bank Operating System to streamline its business loan origination process.
The nCino system is a cloud-based platform, which has been designed to centralise essential loan origination capabilities with customer relationship management (CRM), business process management, as well as business intelligence and reporting.
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The technology vendor said that the nCino platform will improve operational efficiency for the bank through workflow automation, and will offer more institutional and portfolio transparency.
Regions Bank executive vice president and head of innovation and it risk management Nathan Davis said: “At Regions our bankers are focused on delivering an industry-leading customer experience and providing capital to support businesses in the communities we serve. The adoption of nCino’s technology supports our efforts to offer our clients a responsive, digital and insightful experience.”
nCino CEO Pierre Naudé added: “We’re excited to work with an organization that already embraces the tenets on which we built our technology. We see the Bank Operating System as enabling Regions to strengthen its delivery of these principles and expand relationships with its clients as a result.”
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By GlobalData
