Habib Bank Zurich plc Partners with nCino to Power an Enhanced Digital Experience for its Buy-to-Let Lending Business
December 11 2024 - 2:30AM
nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent,
best-in-class banking solutions, today announced that Habib Bank
Zurich plc (HBZ UK), a wholly owned UK incorporated subsidiary of
Habib Bank AG Zurich Switzerland, has selected the nCino Platform
to grow and digitally enhance the Bank’s Buy-to-Let Lending
business in the United Kingdom.
As a specialist lender in the SME and corporate
lending space, HBZ UK’s operating model is firmly rooted in
delivering high quality, relationship-first service. With new
digital capabilities from nCino that span web, mobile, and
intermediary channels, HBZ UK will streamline its processes,
enhance portfolio risk-management, and create new efficiencies in
how it originates and manages loans. Collectively, HBZ UK will
deliver modern convenience and trusted experiences to its customers
through nCino’s intelligent suite of solutions.
“At HBZ UK, we pride ourselves in building long
term client relationships, while adopting new technologies that
allow us to scale to changing market demands. This partnership with
nCino aligns with our vision as we continue to expand and enhance
our services,” said Satyajeet Roy, Chief Executive Officer, HBZ UK.
“Our Buy-to-Let Lending business is a strategic offering, and we
are pleased to provide our customers the highly personal and
digitally powered experience they seek.”
“We’re proud to be working with HBZ UK,
partnering to reengineer key business processes for automation and
efficiency,” said Joaquin de Valenzuela, Managing Director at
nCino, EMEA. “By providing the technology and experience to help
the Bank achieve a more efficient way of working, we look forward
to seeing them achieve meaningful business results and create even
more personalised and convenient customer experiences.”
About nCino
nCino (NASDAQ: NCNO) is powering a new era in
financial services. The Company was founded to help financial
institutions digitize and reengineer business processes to boost
efficiencies and create better banking experiences. With over 1,800
customers worldwide - including community banks, credit unions,
independent mortgage banks, and the largest financial entities
globally - nCino offers a trusted platform of best-in-class,
intelligent solutions. By integrating artificial intelligence and
actionable insights into its platform, nCino is helping financial
institutions consolidate legacy systems to enhance strategic
decision-making, improve risk management, and elevate customer
satisfaction by cohesively bringing together people, AI and data.
For more information, visit www.ncino.com.
About Habib Bank Zurich plc
Habib Bank AG Zurich began operations in the
United Kingdom in 1974 as a branch of a Swiss bank. In 2016, Habib
Bank Zurich plc (a wholly owned UK incorporated subsidiary of Habib
Bank AG Zurich Switzerland) took over the operations and business
of the UK Branch. With a banking heritage of over 100 years, the
Bank takes pride in providing personalized service to its valued
customers through an international network spanning over 11
countries. Today, the Bank offers its services through its branch
network in London, Manchester, Leicester and Birmingham with a
total of 8 branches in the UK. The product catalogue comprises of
buy-to-let finance, commercial loans, working capital finance,
current accounts, savings accounts, notice accounts, fixed-term
deposits, and treasury services. For more information,
visit Habib Bank AG Zurich.
Media Contacts Natalia Moose
press@ncino.com
Syed Mohammed Jafri
syedmohammedjafri@habibbank.com
Safe Harbor Statement
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the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally include
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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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