Banesco USA has selected nCino, the worldwide leader in cloud banking, to provide new levels of efficiency and transparency across the commercial loan process.
The nCino Bank Operating System employs automated workflow technology to control and monitor the various steps in loan processing as well as electronic document management to reduce delays and inefficiencies associated with paper documents.
It provides for automatic application routing, built-in risk management tools and customer relationship management. Moreover, it also features a decisioning and scoring system and a document management system.
“Customers will benefit from a transparent process that results in faster and easier access to credit,” Banesco USA’s CEO, Jorge Salas said. “The cloud-based platform will give Banesco USA a 360-degree view of a client’s entire portfolio, not just individual loans. The nCino Bank Operating System combines customer relationship management, loan origination, account opening, workflow, enterprise content management, business process management and instant reporting, all of which will support our loan growth.”
“We’re glad that Banesco USA recognized nCino’s potential in helping achieve their digital transformation and growth goals,” said Josh Glover, nCino’s EVP-Americas. “Banks today are being challenged to offer digital services and an enhanced customer experience. We look forward to working with Banesco USA and empowering them with the right tools to surpass the expectations of today’s digitally savvy customers while removing internal inefficiencies in order to help grow their bottom line.”