Iberiabank selects nCino for cloud-based lending
Iberiabank has selected nCino’s cloud-based Bank Operating System to process services across several lines of business, including commercial and SME lending and treasury management.
After an evaluation of its current technologies, the bank identified the need for a partner that would help optimise its processes to enable “efficient and profitable growth”, explains Iberiabank.
According to nCino, its Bank Operating System allows for a single, secure cloud-based platform, built on Salesforce, that combines customer relationship management (CRM), loan origination, deposit account opening, workflow, enterprise content management, business process management, digital engagement and instant reporting.
Mike Boyd, director of strategic risk initiatives at Iberiabank, says: “nCino will deliver a holistic view of our client relationships from the convenience of one platform, allowing us to present more timely, personalised offerings and better meet clients’ financial needs”.
Headquartered in Lafayette, Louisiana, Iberiabank has a branch network of 228 locations in ten southeastern states of the US.
Other recent deals for nCino include ConnectOne in New Jersey, Gulf Coast Bank & Trust in Louisiana, Pacific Western Bank in California (the 100th implementation of Bank Operating System), Great Southern Bank in Missouri, Valley National Bank in New Jersey, North State Bank in North Carolina and CrossFirst Bank in Kansas.
Previously, nCino gained its first client outside the US – UK-based OakNorth Bank.