TORONTO, Jan. 12, 2022 (GLOBE NEWSWIRE) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that CIBC, the One of Canada’s Big Six Banks, Selects the nCino® Banking Operating System to Provide CIBC’s Business Banking Team with a Modern, Scalable and Flexible Platform to Enhance the Customer Experience Canadian salespeople.
By leveraging the nCino solution, CIBC will be able to improve the customer and employee experience by streamlining complex processes through digitization and automation of the customer journey, enabling a faster, more efficient and more efficient experience. more transparent for business owners.
“Financial institutions are challenged to rethink and adapt an experience that best suits their customers. We believe that the nCino platform will allow CIBC to better meet the needs of its business clients, while providing a modern technological experience to its employees, ”said Pierre Naudé, CEO of nCino. “We are excited to be working with CIBC and look forward to modernizing the banking experience for Canadian business owners.
“We are committed to helping business owners achieve their ambitions, and the investments we make in digitizing and modernizing the customer experience will further add to the value we deliver to our business customers,” said David Leuty, senior vice president. -President, Commercial Banking Services, CIBC.
nCino (NASDAQ: NCNO) is the global leader in cloud banking. The operating system of the nCino bank® provides financial institutions with scalable technology to help them increase revenues, increase efficiency, reduce costs and comply with regulations. In a digitally driven world, nCino’s unique cloud-based platform improves the employee and customer experience to enable financial institutions to more effectively onboard customers, grant loans and manage business. ‘entire loan life cycle, and open deposits and other accounts across all lines of business and channels. Transforming the way financial institutions operate through innovation, reputation and speed, nCino partners with more than 1,500 financial institutions of all types and sizes around the world. For more information, visit www.ncino.com.
CIBC is a leading financial institution in North America with 11 million personal, corporate, public and institutional clients. In Personal and Commercial Banking, Commercial Banking & Wealth Management and Capital Markets, CIBC provides a full range of advice, solutions and services through its leading digital banking network and its locations across Canada, with offices in the United States and around the world. Current press releases and more information about CIBC are available at www.cibc.com/en/about-cibc/media-centre.html.
This press release contains forward-looking statements within the framework of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by the ‘use of the words “believes,”, “,,”, “,” similar expressions. All forward-looking statements contained in this press release are based on the historical performance of nCino and its current plans, estimates and expectations, and do not constitute a representation that such plans, estimates or expectations will be realized. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may change these expectations and, except as required by law, nCino assumes no obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties which may cause actual results to differ materially, including, among others, risks and uncertainties relating to the market adoption of our solution, international expansion. and data privacy and security issues. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the United States Securities and Exchange Commission (available on our website at www.ncino.com or on the SEC’s website at www.sec.gov). Further information about potential risks that could affect actual results will be included in other documents filed by nCino with the SEC from time to time.