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Last Updated : May 08, 2019 07:18 PM IST | Source: Moneycontrol.com

nCino delivers end-to-end digital banking platform to S&T bank

S&T is implementing nCino in several areas of the bank, beginning with commercial lending, which accounts for 75% of the Bank's total loan volume.

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nCino, a Cloud banking company, announced that US-based S&T Bank has adopted the nCino Bank Operating System to replace numerous disparate systems and manual processes in favor of a single, end-to-end solution that spans the Bank's credit-related platforms across multiple lines of business.

"We were looking for a technology solution that could support all of our commercial, business and consumer banking processes on one, end-to-end platform," said Patrick Haberfield, senior executive vice president and chief credit officer at S&T Bank. "We spent the better part of a year going through the vetting process and narrowing down the prospects. Through that process, it became apparent that nCino was the only platform that offered everything we were looking for. With the potential to implement additional nCino solutions down the line, the flexibility of the platform will continue to support our vision as we grow."

S&T is implementing nCino in several areas of the bank, beginning with commercial lending, which accounts for 75% of the Bank's total loan volume. This supports S&T's broader initiative to implement one platform that optimally supports the customer journey and enhances post-approval workflows, through funding, servicing and on-going management needs.

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With a single platform that encompasses customer relationship management (CRM), customer onboarding, account opening, loan origination, workflow, credit analysis, enterprise content management and instant reporting capabilities, S&T employees now have real-time visibility into the loan pipeline and access to a 360-degree view of each customer for faster and more streamlined interactions.

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First Published on May 8, 2019 07:18 pm
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