Colorado National Bank Selects nCino Solution
Wilmington, NC (PRWEB) December 12, 2013 -- nCino, LLC, the leader in secure, cloud-based bank operating solutions to the financial services industry, announced that Colorado National Bank has selected the company's Bank Operating System. Based in Palisade, Colorado, Colorado National Bank will use nCino to manage and support its SBA Lending Division.
Pierre Naudé, chief executive officer of nCino, said, "With nCino in place, Colorado National Bank will be able to reduce manual processes and better manage the complex lending documentation required to originate and service SBA-guaranteed loans. Bank employees enjoy working with the system, and borrowers appreciate the instant feedback on loan status and stage."
Regarding the selection of nCino, SBA Program Manager Pamela K. Scott said, "In joining Colorado National Bank's SBA division, we wanted to grow the business but also remain focused on providing the most advanced technology and efficient workflow program available to our employees. nCino allows the ability to optimize business "best practices" and increase efficiency while still maintaining regulatory compliance and increasing profits!" Scott continued, "What is so appealing about nCino is that it streamlines the entire process and maintains everything in a secure electronic format for ease of use for auditors and regulators. This is a powerful tool for a startup division to have and we anticipate the operating system to exceed all other software vendors!"
With offices in Palisade and Denver, Colorado National Bank offers a wide range of consumer and commercial loans to the people and businesses of Colorado.
nCino's bank operating system was designed with features that empower each stakeholder in a financial institution by consolidating multiple systems into one platform that sits alongside your core and provides instant access to pertinent data and reports. nCino's document manager eliminates the use of spreadsheets and duplicate loan documents by providing a central repository for files, allowing for a more efficient loan review process. Its comprehensive reporting tools improve transparency, while the built-in covenant tracking and business intelligence features help reduce regulatory compliance costs and policy exceptions.
About nCino
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.
For media and press inquiries email: [email protected]
The NCINO mark is a federally registered trademark of nCino, LLC. All rights reserved.
Sara Mallory, nCino, http://www.ncino.com, +1 (910) 777-5418, [email protected]
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