nCino will greatly enhance the service our SBA lending team can provide," said Charles Yorke, Managing Director of Cornerstone's SBA Lending Division.
Wilmington, N.C. (PRWEB) June 25, 2013
nCino, LLC, the leader in secure, cloud-based bank operating solutions to the financial services industry, announced that Atlanta, Georgia based Cornerstone Bank has selected the company’s Bank Operating System to increase efficiency and productivity in its expanding SBA lending practice.
Founded in 2001, Cornerstone Bank has been one of the fastest-growing SBA focused community banks in metro Atlanta in recent years. Cornerstone will use nCino as a tool to streamline credit processes and boost profitability as it continues its focus on small business banking and commercial and residential real estate lending.
"As we grow, our focus will remain on differentiating our bank through the exceptional service we provide to our customers. The customer relationship management features of nCino's platform, together with its innovative loan origination and comprehensive reporting capabilities will greatly enhance the service our SBA lending team can provide," said Charles Yorke, Managing Director of Cornerstone's SBA Lending Division.
nCino CEO Pierre Naudé said, "nCino is the leading system for managing SBA loans and client relationships, which are complex and require a lot of documentation and forms. The system was created to make the lending process more efficient, and increased loan volume is one of the benefits that our customer banks experience. By utilizing this secure, cloud based bank technology, Cornerstone is giving itself a competitive advantage."
nCino's Bank Operating System leverages the power and security of the Salesforce.com platform to provide transparency across relationship management, portfolio management and internal policies. Originally developed within a live banking environment, the system organizes and automates data, eliminating the use of spreadsheets and duplicate loan documents to increase efficiency. Its reporting and dashboarding features also enable real-time tracking, and the built-in covenant monitoring and business intelligence features help reduce regulatory compliance costs and policy exceptions.
Wilmington, N.C.-based nCino, LLC is the leader in cloud-based bank operating solutions to the financial services industry. Through its flagship Bank Operating System solution, nCino leverages the power of Salesforce.com® to provide small- to mid-sized financial institutions with superior transparency and clarity into their existing loan production pipelines, portfolios and operating efficiencies across all business lines, resulting in increased profitability, productivity gains and regulatory compliance. For more information, visit http://www.ncino.com.
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