Wells Fargo Selects nCino Platform to Enhance Commercial Lending
SEP 3, 2021 - 6:11 am
Wells Fargo selected the nCino Bank Operating System as a technology platform to accelerate its digital transformation within its commercial banking and corporate and investment banking businesses and to transform its commercial lending operations.
By adopting the nCino Bank Operating System, Wells Fargo is gaining a digital solution that manages all aspects of the commercial banking and lending process. nCino’s single platform spans business lines and aims to connect employees, clients and third parties and eliminate silos within financial institutions to provide a more holistic view of clients, enhance collaboration, generate more loans and reduce costs.
“Wells Fargo is investing in digital capabilities to improve our clients’ experience and enable our teams to more quickly and effectively serve clients,” Kyle Hranicky, executive vice president and head of middle-market banking at Wells Fargo, said. “nCino offers a best-in-class platform that will help us to continue to meet the evolving needs of our clients.”
“We are very excited to welcome Wells Fargo, one of the nation’s leading providers of financial services, to the nCino platform,” Pierre Naudé, CEO of nCino, said. “Now, more than ever, financial institutions of all sizes require a digital-first, client-centric approach. We look forward to partnering with Wells Fargo on their digital transformation journey and helping drive greater automation, speed and efficiency across their commercial banking operations.”
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!
There’s much talk about the need for innovation and focusing on well-being in our teams. But what does that look like day-to-day? What if we bring those two ideas together and focus on the human side to create safety to... read more
Many equipment finance companies are striving to promote more diverse talent to leadership positions. To help with that effort, Monitor sat down with David Miles, vice president and director of credit at Eastern Funding, who shares his experience ascending the... read more