nCino Named Best-in-Class Retail Loan Origination System in Aite Matrix
This evaluation is the first time
“nCino’s loan origination capabilities—especially when viewed as part of its larger single digital platform—were already best in class; however, recent additions to its analytics and reporting functions make its retail lending capabilities even stronger,” said
“We initially began our journey with nCino using their Commercial Banking Solution and added their Retail Banking Solution after realizing how impactful nCino is at connecting disjointed systems, creating continuity across lines of business and supporting the customer journey through any channel,” said
With nCino’s Retail Banking Solution, financial institutions can:
- Originate and service retail loans quickly and efficiently while minimizing risk to lending operations through a single digital platform;
- Leverage nCino’s automated underwriting and decisioning, instantly generating loan decisions for unsecured, auto, small business, home equity and other term loans;
- Enable their clients to start, stop and restart applications from any device and allow employees to work remotely, in office or in branch, with full permission-based access to the entire system;
- Automatically generate multiple offers based on requested loan type and credit policy requirements; and
- Maintain compliance with fair lending regulations while pricing for risk default.
“We are incredibly proud that
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 digital platform enhances the employee and client experience to enable financial institutions to more effectively onboard new 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 works with more than 1,100 financial institutions globally, whose assets range in size from
Source: nCino, Inc.