nCino expands Cloud Banking Expertise to Canada

By MarTech Outlook | Monday, July 22, 2019

Pierre Naudé, CEO

Helping financial services through innovation, reputation, and speed, nCino finds a new environment to implement success.

FREMONT, CA: nCino, a global service provider in cloud banking, has announced the expansion of the company’s influence to Toronto. The new establishment looks forward to better assistance of the nCino Bank Operating System across the Canadian financial firms. This opening follows the offices in London and Sydney in addition to its global headquarters in Wilmington, North Carolina.

Emerging of nCino’s new office in Canada hopes to support and enhance the customer and employee experience at financial firms. It will be providing a cloud-based platform to the Canadian banks and credit unions that look forward to increasing their facilities through innovative products and services. Approximately, nCino clients have experienced a 40 percent decrease in loan closing times, a 22 percent increase in efficiency, and a 92 percent reduction in servicing costs.

As the nCino expands in this platform, Cameron (Cam) Sterrett, General Manager, and Vice President will look after the activities. Having over 13 years of experience in the fintech industry, Cam brings exceptional experience in market knowledge, financial services, and digital transformation.

Partnered with 250 financial institutions, nCino focus on delivering the world’s demand for digitization in the financial services platform. Since its inception in 2012, within seven years, the company grew extending across the US, Europe, and the Asia Pacific regions. As for the Canadian outlet, the firm monitors to reach a height by hiring talented expertise in major roles assigned that understands the demands and regulations opted by the local, also meeting the emerging needs of financial firms and clients.

nCino recently expressed attaining Visible Equity, a market-leading financial analytics, and compliance software company. “Visible Equity’s leading analytical and portfolio management software with our best-in-class Bank Operating System, will further enable financial institutions of all sizes to respond quickly to changing market needs and gain a competitive advantage, all the while being confident in their overall risk assessments and regulatory compliance,” stated Pierre Naudé, CEO at nCino.

The company wishes to implement multiple technological acquisitions into its expansions, expanding their repertoire.

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