Rabobank Australia and New Zealand Inks Deal with nCino
Rabobank Australia and New Zealand (RANZ) has partnered with nCino to implement its Bank Operating System.
The Bank Operating System will help RANZ to automate its financial spreading analysis.
This will improve the speed and quality of credit decisions, and free up employees' time to focus on strengthening customer relationships.
Rabobank Australia and New Zealand has partnered with nCino to implement its Bank Operating System. This will help RANZ to automate its financial spreading analysis, improve the speed and quality of credit decisions, and free up employees' time to focus on strengthening customer relationships.
SYDNEY, Australia, September 1, 2022 — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Rabobank Australia and New Zealand (RANZ) has selected the nCino Bank Operating System®, leveraging nCino’s Automated Spreading solution, powered by nCino IQ (nIQ). This partnership will benefit the bank’s Australian and New Zealand employees and customers, representing a multi-currency, cross-country commitment to provide a better banking experience.
“By partnering with nCino, we will optimise our financial spreading analysis,” said Alexa Glynn, Chief Operating Officer at RANZ. “This relationship will provide an excellent opportunity for RANZ to support our growing customer base and modernise our systems. We’re delighted that nCino’s technology will enable us to offer our customers and employees a better banking experience.”
The world’s leading specialist food and agribusiness bank, Rabobank, is one of Australia and New Zealand’s largest agricultural lenders and a major provider of business and corporate banking services to the country’s food and agribusiness sector.
By adopting the nCino Bank Operating System, RANZ gains a digital solution that intelligently transforms the process of spreading financials by leveraging machine learning and optical character recognition (OCR).
"Rabobank’s customers value their relationship managers’ close connection to their business. To effectively build on this connection, Rabobank Australia and New Zealand procured a platform that could leverage artificial intelligence (AI), machine learning and analytics to increase data automation and generate meaningful insights.” said Mark Bernhardi, Managing Director of Australia and New Zealand at nCino.
“We’re excited to partner with RANZ to help them achieve their goals and enhance their services through digital transformation. This partnership will enhance RANZ’s commitment to creating value for their customers, employees and the communities in which they do business.”
With nCino’s Automated Spreading solution, RANZ will be able to reduce the time it takes to spread and process documents by a significant margin, enabling profitable portfolio growth by improving the speed and quality of credit decisions. By adopting solutions such as this, the institution will be able to automate high-volume, low-complexity tasks, freeing up their employees’ time to focus on strengthening customer relationships.
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 revenuegrowth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino’s single cloud-based platform enhances the employee and client experience to enable financial institutions to more effectively onboard 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 is partnered with more than 1,750 financial institutions of all types and sizes on a global basis. For more information, visit www.ncino.com.
Rabobank Australia & New Zealand is a part of the international Rabobank Group, the world’s leading specialist in food and agribusiness banking. Rabobank has more than 120 years’ experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness. Rabobank is structured as a cooperative and operates in 38 countries, servicing the needs of approximately 8.4 million clients worldwide through a networkof more than 1000 offices and branches. Rabobank Australia & New Zealand Group is one of Australasia’s leading agricultural lenders and a significant provider of business and corporate banking and financial services to the region’s food and agribusiness sector. The bank has 90 branches throughout Australia and New Zealand.
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Honor, MI and Wilmington, N.C. -- October 10, 2023 -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Honor Bank, a full-service community bank in Northern Michigan, is live on the nCino Cloud Banking Platform. The Bank implemented nCino's Commercial Banking Solution in just six months.
Honor Bank's dedication to its customers is at the forefront of this initiative, and the Bank is committed to leveraging the most advanced tools and technologies to deliver superior, efficient banking solutions. Honor Bank recognized an opportunity to modernize its technology stack and utilize a more modern solution that would connect the institution through a unified and customer-centric single platform. By adhering to nCino’s Gold Standards, a best practice guide for implementations, the Bank was able to go live on nCino’s Commercial Banking Solution on an accelerated timeline. With nCino, Honor Bank is streamlining operations and enhancing the customer experience while strengthening its competitive edge regionally.
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Tokyo and Wilmington, NC -- 12 SEPTEMBER 2023 -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that The Nomura Trust & Banking Co., Ltd. (Nomura Trust), a Japanese trust bank and wholly-owned subsidiary of Nomura Holdings, Inc., has successfully implemented and is live on the nCino Cloud Banking Platform. This development marks a significant step forward in Nomura Trust's modernization journey.
Established in 1993, Nomura Trust provides trust and banking services, and currently has over ¥50 billion in capitalization. The bank recognized the need to modernize its operations to better serve its customers in the future and achieve key business objectives including eliminating inefficient operations, ensuring data security, integrating, and centralizing data, and better utilizing deal information.
After careful consideration, Nomura Trust chose nCino for its robust CRM capabilities, end-to-end loan approval functionality, and flexible cloud-based implementation. The platform also provides capabilities of customer-centric data management with improved security, which enables high-value-added services to customers and can help the bank drive top line growth.
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