American lender S&T Bank has selected nCino Bank Operating System to streamline operations and support digitalisation.
The system will replace the lender’s several disparate systems and manual processes with a single end-to-end solution across business lines.
S&T Bank chief credit officer Patrick Haberfield said: “We were looking for a technology solution that could support all of our commercial, business and consumer banking processes on one, end-to-end platform.
“We spent the better part of a year going through the vetting process and narrowing down the prospects.
“Through that process, it became apparent that nCino was the only platform that offered everything we were looking for.”
As a part of the programme, S&T will start deploying nCino solution with commercial lending followed by other business areas.
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By GlobalDataThe nCino platform will encompass the overall customer lending journey CRM, customer on-boarding, loan origination, workflow and credit analysis. The technology is said to equipped with instant reporting capabilities.
It will also provide the S&T employees with real-time visibility into the bank’s loan pipeline. The completed overview of customer details will also facilitate decision making and streamlined interactions.
S&T Bank president and chief lending officer David Antolik said: “The scalability and breadth of features of the nCino Bank Operating System not only aligns with our plans and vision for the future, but has already had an immediate positive impact on our employees and customers.”
Recently, British bank Project BankNorth and US-based lender St. Louis Bank also opted for nCino solution.