Enterprise Bank and Trust selects nCino for cloud platform

Source: nCino

nCino, the leader in cloud banking, announced today that $3.4 billion Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp, selected its Bank Operating System to create more efficiency around its loan production and performance.

The St. Louis-based bank primarily focuses on serving privately held businesses, their owner families, executives and professionals. The bank selected nCino’s Bank Operating System to help improve accuracy and eliminate manual processes, ultimately reducing loan cycle time. The solution will combine the bank’s essential loan origination functions with customer relationship management (CRM), business process workflows and reporting dashboards, automating and simplifying the entire lending process. Additionally, the platform will enhance the overall borrower experience by providing more transparency into the loan process.

“We offer our clients a wide array of banking solutions; working within a streamlined system and efficiently finalizing loan decisions enables us to better build long-term partnerships with them that extend beyond their next transaction,” said Frank Sanfilippo, executive vice president and chief operating officer of Enterprise Bank & Trust. “nCino’s Bank Operating System is configurable and consistent with our existing platforms, intuitive for employees and easily scalable for growth, making the entire process more efficient.”

nCino’s cloud-based Bank Operating System provides financial institutions a deep level of clarity into their retail and commercial loan production. Not only are Enterprise Bank & Trust’s employees equipped with electronic document workflows that enhance their productivity, but they also have a better picture into the full scope of each client, as well as their entire portfolio.

Pierre Naudé, CEO of nCino, stated, “Our Bank Operating System equips Enterprise’s veteran business bankers with the tools they need to exceed their clients’ expectations by streamlining the entire lending process. The bank will now be able to eliminate duplicate processes, increase transparency and enhance the overall client experience.”

 

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