nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital
transformation solutions for the global financial services
industry, today announced that Boston Private, a leading provider
of integrated wealth management, trust and banking services, is now
live on the nCino Bank Operating System®. With the implementation
of the nCino Commercial Banking Solution, Boston Private was able
to integrate its banking systems, dramatically increasing
efficiency and streamlining client onboarding, loan origination and
in-branch deposit account opening.
“Our top priority was to create a banking experience that is
frictionless for our clients and employees,” said Jim Brown,
President of Commercial Banking at Boston Private. “We aspire to
bring our clients a variety of commercial and personal banking
solutions and the nCino Bank Operating System is able to deliver
everything we needed to ensure a smooth user experience for
everyone involved.”
Boston Private provides a full suite of wealth, trust, and
banking services dedicated to help clients simplify and strengthen
their financial positions. The nCino platform will help Boston
Private accelerate its digital transformation, streamline its
banking operations, and provide greater transparency and
convenience to its employees and clients. The nCino Bank Operating
System will also support in-branch deposit account opening, which
will help optimize the process for opening checking, savings,
debit/ATM cards, money market, certificates of deposit and
retirement accounts.
“From our initial conversations with Boston Private, it became
clear that they wanted to provide their employees and clients the
absolute best possible experience,” said Paul Clarkson, EVP of U.S.
Financial Institutions at nCino. “Evolving employee and client
expectations are driving the need for change across financial
services, where people expect to interact with a financial
institution in a myriad of ways. nCino provides Boston Private a
flexible, agile platform that delivers a seamless experience across
devices, channels and products, enabling a unified digital
relationship between a financial institution, its employees and its
clients.”
“We want to deliver an industry-leading, holistic platform to
continue driving innovative change across Boston Private,” said
Maura Almy, Chief Operating and Platform Officer at Boston Private.
“We appreciate our strong relationship with nCino and our
consulting partner West Monroe and look forward to continuing to
partner with them to design an industry-leading technology platform
and user experience for our clients and employees.”
“We were excited to partner with Boston Private and support
their commitment to delivering cutting-edge digital capabilities to
clients and employees,” said Brandon Stith, senior manager,
customer solutions at West Monroe. “By bringing the right
technology and multidisciplinary team together, our approach tapped
experts in financial services, Salesforce and nCino implementation,
data and integration support, and change management to help achieve
the scale of their vision.”
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 digital platform enhances the employee and client
experience to enable financial institutions to more effectively
onboard new 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 works with more than 1,200 financial institutions globally,
whose assets range in size from $30 million to more than $2
trillion. For more information, visit: www.ncino.com.
About Boston Private Boston Private is a
leading provider of integrated wealth management, trust and banking
services to individuals, families, businesses and nonprofits. For
more than 30 years, Boston Private has delivered comprehensive
advice coupled with deep technical expertise to help clients
simplify their lives and achieve their goals. The firm offers the
capabilities of a large institution with the superior service of a
boutique firm to clients across the United States. Boston Private
is the corporate brand of Boston Private Financial Holdings, Inc.
(NASDAQ: BPFH). For more information,
visit www.bostonprivate.com.
Private Banking and Trust services are offered through Boston
Private Bank & Trust Company, a Massachusetts Chartered Trust
Company. Wealth Management services are offered through Boston
Private Wealth LLC, a U.S. Securities and Exchange Commission
Registered Investment Adviser. Boston Private Wealth LLC is a
wholly owned subsidiary of Boston Private Bank & Trust
Company.
Investments are Not FDIC Insured, Not Guaranteed
and May Lose Value.
About West MonroeWest Monroe is a national
consulting firm that was born in technology but built for
business—partnering with companies in transformative industries to
deliver real, measurable results. Technology is who we are, it is
not something we bolted on overnight, and we believe it is one of
the greatest enablers of business value. That’s why we work in
diverse, multidisciplinary teams that blend industry expertise with
deep operational and technology capabilities to create
quantifiable, financial value for our clients. Our 1,500 employees
based in eight offices across the United States also own 100% of
our business, so when you partner with us you know we are
committed—because your success is our success. Our undeniably
different approach breeds undeniable results. Visit westmonroe.com
to learn more.
MEDIA CONTACTS
Claire
Sandstrom, nCino |
Ryan Kelly,
nCino |
Lucy
Muscarella, Boston Private |
+1 646.520.0710 |
+1 732.770.5942 |
+1 617.912.4402 |
csandstrom@mww.com |
ryan.kelly@ncino.com |
lmuscarella@bostonprivate.com |
This press release contains forward-looking statements within
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 use of the words “believes,” “expects,” “intends,”
“anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,”
“will,” “could,” “might,” or “continues” or similar expressions.
Any forward-looking statements contained in this press release are
based upon nCino’s historical performance and its current plans,
estimates, and expectations, and are not a representation that such
plans, estimates, or expectations will be achieved. These
forward-looking statements represent nCino’s expectations as of the
date of this press release. Subsequent events may cause these
expectations to change and, except as may be required by law, nCino
does not undertake any obligation to update or revise these
forward-looking statements. These forward-looking statements are
subject to known and unknown risks and uncertainties that may cause
actual results to differ materially including, among others, risks
and uncertainties relating to the market adoption of our solution
and privacy and data security matters. Additional risks and
uncertainties that could affect nCino’s business and financial
results are included in reports filed by nCino with the U.S.
Securities and Exchange Commission (available on our web site at
www.ncino.com or the SEC’s web site at www.sec.gov). Further
information on potential risks that could affect actual results
will be included in other filings nCino makes with the SEC from
time to time.
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