UK lender Cambridge & Counties Financial institution has chosen US fintech nCino because the agency appears to be like to improve its back-office lending infrastructure.
nCino space vp for UK and Eire Jonathan Annis says the corporate’s end-to-end cloud-based platform will “improve worker, dealer and buyer experiences” at Cambridge & Counties Financial institution.
nCino provides that business brokers and the financial institution’s prospects will profit from an “elevated degree of automation and information analytics”, supporting the financial institution’s established private service mannequin.
A raft of recent digital-first providers may also be out there as soon as the implementation is full, together with with the ability to signal documentation on a cellular machine, resulting in a faster mortgage drawdown. Brokers may also have the choice to immediately apply and add paperwork by way of a web based utility portal.
Cambridge & Counties Financial institution chief transformation officer David Holton says it’s “very important that the evolution of our programs” continues as a way to help the financial institution’s promoting level of being a “relationship financial institution”.
Headquartered in Leicester, Cambridge & Counties Financial institution specialises in property finance, asset finance, traditional automobile finance and financial savings accounts for small to medium enterprises (SMEs).