"The combination of nCino's loan origination tools with PrecisionLender's loan and deposit pricing solution will enhance the overall user experience," said nCino CEO Pierre Naudé.
Wilmington, N.C. (PRWEB) September 17, 2013
nCino, LLC, the leader in secure, cloud-based bank operating solutions to the financial services industry, announced that it has entered into a partnership with Charlotte, N.C. based PrecisionLender. PrecisionLender is a comprehensive loan and deposit pricing management software solution for banks and credit unions. The companies will work together to offer PrecisionLender's pricing management application on nCino's Bank Operating System platform.
nCino CEO Pierre Naudé said, "Both nCino and PrecisionLender offer innovative solutions that are user-friendly, intuitive, and powerful. The combination of nCino's loan origination tools with PrecisionLender's loan and deposit pricing solution will enhance the overall user experience by enabling lenders to price loans in a safe and intelligent way within the nCino Bank Operating System. We are pleased to partner with PrecisionLender and look forward to building a successful long term relationship."
PrecisionLender CEO Carl Ryden said, "We believe that lending is critical to the success of community banks and that the most important conversation a lender has with a borrower is about pricing. We’re passionate about making that conversation successful for the borrower and the bank. With our pricing solution and the nCino bank operating system, bankers finally have the tools they need to renew their focus on building the strongest possible relationships with their borrowers."
nCino's bank management system leverages the power and security of the Salesforce 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. Its reporting and dashboard features also enable real-time tracking and the built-in covenant tracking 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 the Salesforce Platform 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.
PrecisionLender is a web-based pricing management solution used by thousands of lenders every day to price over $2 billion in loans & deposits each month. With PrecisionLender, loan officers finally have a tool they can use, in the moment, to have a constructive conversation that focuses on the borrower’s needs, and allows them to hand-craft a solution that works for both the borrower and the bank. For more information, visit http://www.PrecisionLender.com.
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