LONDON and PARIS, March 30, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer of cloud banking and digital transformation solutions for the global financial services industry, and Natixis Corporate & Investment Banking (Natixis CIB) announce their partnership to streamline and automate several Natixis CIB processes.
Natixis CIB, a subsidiary of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne distribution networks, uses nCino to accelerate its credit journeys, improve efficiency and provide intelligence in the credit process. financial analysis by adopting Automated Spreading, which is powered by nCino’s suite of artificial intelligence (AI) applications, nCino IQ (nIQ®), as part of the cloud-based nCino Bank Operating System®. Natixis CIB will also use nCino’s Corporate Banking solution to eliminate manual processes and automate repeatable tasks for seamless collaboration between transaction teams and faster credit decision to deliver enhanced customer experience with compliance and procedures integrated regulations.
Anne-Christine Champion, co-head of Natixis CIB said: “As part of our 2024 strategic plan, we are investing significantly in technology to strengthen our competitiveness and our attractiveness. Our decision to implement nCino’s solutions as part of the digital transformation of our financing activities reflects our commitment to making our processes faster and more robust, and ultimately to improving the service we provide to our clients.
“We are extremely proud to work with Natixis CIB,” said Pierre Naudé, CEO of nCino. “The nCino platform is well positioned to support financial institutions in France and around the world, and we are very pleased to provide Natixis CIB with a single agile platform that allows the bank to have more automated digital processes, enabling teams front office and risk managers to focus on analysis, credit decisions and delivering greater value to their clients. »
nCino (NASDAQ: NCNO) is the global leader in cloud banking. The nCino Bank operating system® provides financial institutions with scalable technology to help them increase revenue, increase efficiency, reduce costs and comply with regulations. In a digital world, nCino enhances the employee and customer experience to enable financial institutions to more efficiently onboard customers, issue loans and manage the entire loan lifecycle, and open deposit accounts and other accounts across all lines of business and channels. Transforming the way financial institutions work through innovation, reputation and speed, nCino partners with more than 1,500 financial institutions of all types and sizes globally. For more information visit: www.ncino.com.
About Natixis CIB
Natixis Corporate & Investment Banking is a leading global financial institution providing advisory, investment banking, financing, corporate banking and capital markets services to corporates, financial institutions, financial sponsors and sovereign organizations and supranationals around the world. Our teams of experts in 30 countries advise our clients on their strategic development, help them grow and transform their businesses, and maximize their positive impact. We are committed to supporting the environmental transition by aligning our funding balance sheet on a trajectory of +1.5°C by 2050. Within the Global Financial Services division of Groupe BPCE, the second largest banking group in France through Banque Populaire and Caisse d’Réseaux Epargne, Natixis CIB benefits from the Group’s financial solidity and solid financial ratings (Standard & Poor’s: A, Moody’s: A1, Fitch: A+, R&I: A+).
Jasmin Athwal, nCino
+44 7881 374552
Natalia Moose, nCino
+44 7825 211135
Vanessa Stephan, Natixis CIB
+33 1 58 19 34 16
Alexandra Brainos-Gimond, nCino
+33 6 03 24 76 19
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by the use of the words “believes,” similar expressions. Any forward-looking statements contained in this press release are based on nCino’s historical performance and its current plans, estimates and expectations, and do not constitute a representation that such plans, estimates or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may change these expectations and, except as required by law, nCino undertakes no obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including, among other things, risks and uncertainties relating to market adoption of our solution, competition, international expansion and privacy and data security issues. . Additional risks and uncertainties that could affect nCino’s business and financial results are included in nCino’s filings with the United States Securities and Exchange Commission (available on our website at www.ncino.com or on the SEC’s website at www.sec.gov). Further information about potential risks that could affect actual results will be included in other filings by nCino with the SEC from time to time.