nCino and IBM Complete Successful Go-Live of Tokyo-based

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TOKYO, Oct. 18, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation options for the worldwide monetary companies business, introduced that Kiraboshi Bank, a regional financial institution primarily based in Tokyo, Japan, is reside on the nCino Bank Operating System®. The JPY 6,361.4 billion-asset (USD $44-billion*) Bank applied nCino’s Commercial Banking Solution to boost its business financing, half of its journey to create a single, cloud-based platform to raised serve its business purchasers. The implementation was efficiently led by IBM Japan, on account of their in-depth data of the business and monitor report of introducing specialised options to the area.

The Bank wanted an answer that will automate processes, take away handbook obstacles and enhance inside operations. Kiraboshi Bank’s staff organize many advanced offers involving a number of banks and required a single, cloud-based platform to answer their purchasers’ various challenges. The nCino platform will present Kiraboshi with key insights to ship a sooner response and streamlined expertise for his or her banker, enabling them to raised serve their clients.

IBM Japan’s Yuji Sonku, Senior Partner, Financial Services, IBM Consulting, mentioned, “IBM Japan has been supporting the digital transformation of financial institutions in the banking industry for many years. We are very pleased that we were able to contribute to the successful implementation of the nCino platform at Kiraboshi Bank and look forward to helping more Japanese financial institutions shift their lending operations to the cloud.”

“We’re extremely proud of the work we’ve done alongside IBM Japan,” said Itsuki Nomura, GM of nCino’s Tokyo office. “Supported by nCino’s best-in-class software, Kiraboshi will contribute to the local community by providing comprehensive financial services to small and medium-sized enterprises (SMEs) and individual customers in Tokyo. By improving efficiency and strengthening its risk management system through a 360-degree customer and portfolio view, the Bank will be positioned for success for years to come.”

*Exchange Rate: JPY 145 = USD

About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino’s single cloud-based platform enhances the employee and client experience to enable financial institutions to more effectively onboard clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,750 financial institutions of all types and sizes on a global basis. For more information, visit www.ncino.com.

About Kiraboshi Bank
Tokyo Kiraboshi Financial Group, which owns Kiraboshi Bank, is a financial group for small and medium-sized enterprises and individual customers in the Tokyo metropolitan area. We aim to be a “complete service supplier that can be robust in finance” based on our management philosophy of “contributing to within the medium-term administration plan that may begin from April 2021, we’ll make a brand new begin with the imaginative and prescient of “Becoming a ‘platformer from Tokyo’ that creates new value for customers” by leveraging the Group’s complete strengths. I’m right here. For extra data, please go to https://www.tokyo-kiraboshifg.co.jp/.

About IBM Japan
IBM Japan is a Japanese subsidiary of IBM Corporation that operates in additional than 175 international locations world wide. We help our purchasers’ company transformation and digital transformation. For extra data, please go to https://www.ibm.com/jp-en/.

Media Contacts
nCino Inc. Marketing Manager
Tomoko Nagata
[email protected] +
81-3-6625-5122

Chikako Ueji,
External Relations, IBM Japan, Ltd.
[email protected]
+81-3-3808-5120

North America
Ryan Kelly
+1 732.770.5942
[email protected]

This press launch accommodates forward-looking statements inside the secure harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements typically embrace actions, occasions, outcomes, methods and expectations and are sometimes identifiable by use of the phrases “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or related expressions. Any forward-looking statements contained on this press launch are primarily based upon nCino’s historic efficiency and its present plans, estimates, and expectations, and are usually not a illustration that such plans, estimates, or expectations will probably be achieved. These forward-looking statements characterize nCino’s expectations as of the date of this press launch. Subsequent occasions might trigger these expectations to alter and, besides as could also be required by regulation, nCino doesn’t undertake any obligation to replace or revise these forward-looking statements. These forward-looking statements are topic to identified and unknown dangers and uncertainties which will trigger precise outcomes to vary materially together with, amongst others, dangers and uncertainties regarding the market adoption of our resolution and privateness and information safety issues. Additional dangers and uncertainties that might have an effect on nCino’s business and monetary outcomes are included in stories filed by nCino with the U.S. Securities and Exchange Commission (accessible on our web page at www.ncino.com or the SEC’s web page at www.sec.gov). Further data on potential dangers that might have an effect on precise outcomes will probably be included in different filings nCino makes with the SEC infrequently.



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