ABN AMRO and nCino Partnership Driving Digital Transformation across Corporate Lending
August 20 2024 - 2:30AM
UK Regulatory
ABN AMRO and nCino Partnership Driving Digital Transformation
across Corporate Lending
Top 25 European bank implements nCino to support its
transformation strategy
LONDON and AMSTERDAM, Aug. 20, 2024 (GLOBE NEWSWIRE) -- nCino,
Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global
financial services industry, announced that ABN AMRO, one of the
largest banks in the Netherlands, is live on nCino’s Cloud Banking
Platform.
ABN AMRO selected nCino as a key technology platform to
strengthen the Bank’s ambitions to be a personal bank in the
digital age by supporting continuous innovation. ABN AMRO is
utilizing nCino across its corporate lending operations, as well as
for collateral management across all its lines of business. By
implementing nCino, ABN AMRO is unlocking added business value
through enhanced collateral management and consolidating multiple
legacy systems into one platform, unifying its end-to-end lending
process for both customers and employees. As a result of the
successful project and go-live, nCino and ABN AMRO have extended
their partnership.
Accenture helped to accelerate ABN AMRO’s digital transformation
strategy by leveraging its global experience and regional
expertise to support the roll out of the platform.
“We have selected nCino to take the bank forward in our
strategy to provide clients with industry-leading lending products,
to offer a digital experience, to strengthen the personal contact
with our clients and to be compliant by design,” says Sumitra
Moeller, Head of Financing Solutions at ABN AMRO.
Mel Jacobs, Head of IT Corporate Banking & Wealth Management
at ABN AMRO, adds “Our partnership with nCino is instrumental for
our lending transformation roadmap.”
"We are incredibly excited about our expanded partnership with
ABN AMRO,” said Charlie McIver, Managing Director, EMEA at
nCino. “ABN AMRO understands the value of a single platform and the
data foundations needed to drive digital transformation for its
large, ECB regulated business. This major milestone is the
foundation for future growth and transformation, and we are excited
to support the continued innovation, and further integrate our
intelligent, data-driven solutions."
The nCino platform offers a comprehensive suite of banking
solutions that optimize loan origination, credit analysis,
collateral management and portfolio management, providing the
transparency needed in a highly regulated industry.
About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking.
Through its single software-as-a-service (SaaS) platform, nCino
helps financial institutions serving corporate and commercial,
small business, consumer, and mortgage customers modernize and more
effectively onboard clients, make loans, manage the loan lifecycle,
and open accounts. Transforming how financial institutions operate
through innovation, reputation and speed, nCino is partnered with
more than 1,800 financial services providers globally. For more
information, visit www.ncino.com.
Media Contacts
Natalia Moose
press@ncino.com
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