Absa Bank Limited Selects nCino to Optimize its Relationship Banking Debt Management Business
November 01 2022 - 3:30AM
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital
transformation solutions for the global financial services
industry, today announced that Absa Bank Limited (Absa), a leading
African bank, has selected the nCino Bank Operating System®, to
deliver a single platform solution to automate its debt case
management and portfolio reporting processes in its Relationship
Banking Business.
As the bank accelerates its digitization
programme, nCino will deliver this cloud-based platform and help
Absa reduce complexity and eliminate high-touch processes,
ultimately enhancing its employee and customer experience and
improving efficiency.
“The introduction of nCino will provide Absa
with a single centralized workflow solution, which will streamline
its internal processes,” said Kate Jane Johnsen, Regional Vice
President at nCino. “I am eager to see the results of this
partnership in action.”
“We are confident that the nCino platform will
support our ambitions to be a digitally powered business,” said
Sugandree Mudely from Absa Relationship Banking. “The delivery of
this solution is a meaningful milestone in our digital
transformation.”
About nCinonCino (NASDAQ: NCNO)
is the worldwide leader in cloud banking. The nCino Bank Operating
System® empowers financial institutions with scalable
technology to help them achieve revenue growth, greater efficiency,
cost savings and regulatory compliance. In a digital-first world,
nCino’s single cloud-based platform enhances the employee and
client experience to enable financial institutions to more
effectively onboard clients, make loans and manage the entire loan
life cycle, and open deposit and other accounts across lines of
business and channels. Transforming how financial institutions
operate through innovation, reputation and speed, nCino is
partnered with more than 1,750 financial institutions of all types
and sizes on a global basis. For more information,
visit www.ncino.com.
About Absa Bank LimitedAbsa Bank Limited (‘Absa
Bank’) is a wholly-owned subsidiary of Absa Group Limited, which is
listed on the Johannesburg Stock Exchange and is one of Africa’s
largest financial services groups. Absa offers a range of retail,
business, corporate and investment banking and wealth management
and insurance products and services primarily in South Africa and
Namibia.
For further information about Absa, please visit
our website www.absa.co.za
Media Contacts
EMEA Natalia Moose, nCino+44 7825
211135natalia.moose@ncino.com
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