Print
Banking & Finance

NCino Inks International Deal With London Bank

By Jenny Callison, posted Jul 14, 2017
Cloud banking company nCino announced in late June that its Bank Operating System has officially crossed the pond.

OakNorth Bank, based in London, has deployed the system, making it the first financial institution outside the U.S. to implement nCino’s platform. The development positions the Wilmington company for expansion into new markets across Europe, according to nCino officials.

“OakNorth is a very innovative bank and represents a key UK client as nCino expands its presence throughout Europe and other global banking markets,” said Pullen Daniel, nCino’s managing director for Europe. “We will be supporting the European market from our London- based office and have already seen intense interest from European financial institutions for nCino’s Bank Operating System and the value it can provide.”

The young bank recognized the need for a digital system that would enable it to configure loan processes cost effectively and to scale quickly, according to a news release. It liked the fact that the Bank Operating System is built on Salesforce.com, allowing OakNorth to extend its existing use of the platform.

“As a younger bank with a fresh perspective, we saw an opportunity to provide superior banking services to our customers by forgoing traditional antiquated, siloed systems in favor of a new way of banking,” said Francesca Gandolfo, OakNorth’s COO. “nCino has helped us further that vision by working alongside our core to reduce laborious manual tasks and incorporate automation into our loan process, increasing loan quality, controls and speed via the cloud.”
 
Ico insights

INSIGHTS

SPONSORS' CONTENT
Burrus rob headshot 300x300

Preparing for the Future

Robert Burrus - Cameron School of Business - UNC-Wilmington
Hardy revised

Preparing Future Leaders Through Simulation

Charles Hardy - UNCW College of Health and Human Services
Leath 683x10242

Positive on Productivity: Hire New Graduates

Lisa Leath - Leath HR Group

Trending News

Vacating Wilmington Business Leaves Large Industrial Space For Lease

Christina Haley O'Neal - Oct 15, 2019

How A $90M Gateway Project Could Impact The City

Christina Haley O'Neal - Oct 16, 2019

South College Sandwich & Deli Ranks On BuzzFeed List

Jessica Maurer - Oct 16, 2019

Tru Colors Submits Site Plans For Headquarters Facility

Cece Nunn - Oct 16, 2019

Three Startups Mark Growth By Moving Out Of TekMountain

Johanna Cano - Oct 17, 2019

In The Current Issue


Health Care Heroes: Physician

The Physician category honors a physician whose performance is considered exemplary by patients, peers and other health care providers....


Health Care Heroes: Nurse Practitioner / Physician Assistant

The Nurse Practitioner / Physician Assistant honors a nurse practitioner or physician assistant whose performance is considered exemplary by...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

August 26, 2019 Power Breakfast: A Healthy Sale?
WILMA's Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`