JOHANNESBURG, South Africa, Nov. 01, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation options for the worldwide monetary companies trade, immediately introduced that Absa Bank Limited (Absa), a number one African financial institution, has chosen the nCino Bank Operating System®, to ship a single platform resolution to automate its debt case administration and portfolio reporting processes in its Relationship Banking Business.
As the financial institution accelerates its digitization programme, nCino will ship this cloud-based platform and assist Absa cut back complexity and get rid of high-touch processes, finally enhancing its worker and buyer expertise and bettering effectivity.
“The introduction of nCino will provide Absa with a single centralized workflow solution, which will streamline its internal processes,” mentioned Kate Jane Johnsen, Regional Vice President at nCino. “I am eager to see the results of this partnership in action.”
“We are confident that the nCino platform will support our ambitions to be a digitally powered business,” mentioned Sugandree Mudely from Absa Relationship Banking. “The delivery of this solution is a meaningful milestone in our digital transformation.”
About nCino
nCino (NASDAQ: NCNO) is the worldwide chief in cloud banking. The nCino Bank Operating System® empowers monetary establishments with scalable expertise to assist them obtain income progress, larger effectivity, price financial savings and regulatory compliance. In a digital-first world, nCino’s single cloud-based platform enhances the worker and shopper expertise to allow monetary establishments to extra successfully onboard purchasers, make loans and handle the whole mortgage life cycle, and open deposit and different accounts throughout traces of business and channels. Transforming how monetary establishments function via innovation, fame and velocity, nCino is partnered with greater than 1,750 monetary establishments of every type and sizes on a worldwide foundation. For extra data, go to www.ncino.com.
About Absa Bank Limited
Absa Bank Limited (‘Absa Bank’) is a wholly-owned subsidiary of Absa Group Limited, which is listed on the Johannesburg Stock Exchange and is one in every of Africa’s largest monetary companies teams. Absa gives a variety of retail, business, company and funding banking and wealth administration and insurance services and products primarily in South Africa and Namibia.
For additional details about Absa, please go to our web site www.absa.co.za
Media Contacts
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Natalia Moose, nCino
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