Accenture and nCino in digital transformation alliance

Source: Accenture

Accenture (NYSE: ACN) and cloud-banking leader nCino are teaming to help banks transform their wholesale banking operations by increasing efficiency, driving profitability and reducing risk and compliance burdens.

Accenture Ventures has made a minority investment in nCino, and as a preferred systems integration partner, Accenture has been working with nCino since late 2014 to help large U.S. banks digitize their commercial lending operations and improve business performance. nCino and Accenture have already collaborated on several successful wide-scale customer projects, including deploying nCino’s Bank Operating System to team members at SunTrust Banks, Inc. Accenture has now added treasury management origination and onboarding to its services to align with nCino’s product solutions and help even more financial institutions accelerate their digital transformation.

“The combination of our platform with Accenture’s implementation scale and expertise is enabling financial institutions to provide an efficient, flexible and transparent experience that delights customers,” said Pierre Naudé, CEO of nCino. “We are excited to expand our work with Accenture to enhance and transform commercial banking and treasury management at some of the world's largest financial institutions.”

nCino’s Bank Operating System is a robust and secure leading solution built on Salesforce.com. By combining multiple functions — including customer relationship management, loan origination, deposit account opening, workflow, enterprise content management, digital engagement and real-time reporting — into a single platform, the nCino Bank Operating System eliminates the need for multiple, disparate software systems, increasing productivity and reducing ongoing operating costs.

To implement the nCino Bank Operating System, Accenture combines its extensive commercial credit and treasury management expertise with its unmatched Salesforce capabilities and experience. Accenture has the world’s largest Salesforce practice, with three times more certified professionals than any other systems integrator, and has completed more than 1,200 Salesforce projects.

“Commercial lending and treasury management are areas ripe for digital innovation, as lenders’ outdated technology and manual, paper-intensive processes have resulted in long fulfillment cycles, unsatisfied customers, high costs and increased regulatory exposure,” said Alan McIntyre, an Accenture senior managing director and head of the company’s global Banking practice. “Our alliance with nCino, through which we are handling several of the company’s largest implementations, enhances our ability to leverage leading cloud solutions to help banks increase efficiency, productivity and strengthen customer relationships.” 

Comments: (0)