nCino and Salesforce: Best-in-class Solutions for Finserv
Since 2011, nCino and Salesforce have been empowering financial institutions with digital innovations that increase efficiency and transparency and reduce risks, while driving customer growth and loyalty.
Now, that long-standing partnership has been expanded to accelerate the delivery of best-in-class cloud solutions to the financial services industry.
“Our strategic partnership with Salesforce has enabled nCino to transform the financial services industry by providing industry-specific solutions that drive efficiencies, deliver intelligence and help institutions modernise for a more agile future,” comments Pierre Naudé, Chairman and CEO at nCino.
“We’re glad to again be expanding our work with Salesforce and are committed to utilising each other’s strengths to further benefit financial institutions of all sizes around the globe.”
nCino: A cloud banking pioneer
Headquartered in Wilmington, North Carolina, nCino has become a global leader in the field of cloud banking.
Through its single software-as-a-service (SaaS) platform, the firm is helping financial institutions serving corporate, commercial, small business, consumer and mortgage customers to modernise and more effectively on-board clients, make loans, manage the loan lifecycle and open accounts.
nCino is these days partnered with more than 1,850 financial services providers based around the world, and is actively transforming the way they operate through innovation, reputation and speed.
Empowering financial institutions
nCino and Salesforce’s enhanced collaboration will see the former deepen its connectivity to the latter’s platform tools including Salesforce CRM, powered by AI and automation, and Financial Services Cloud.
These innovations will empower financial institutions utilising the capabilities of nCino and Salesforce to further modernise customer experiences like onboarding, loan origination, deposit account opening and portfolio management.
What’s more, the partnership now includes updated commercial terms which are expected to improve nCino’s subscription gross margins, minimum payment commitments from nCino during the first four fiscal years of the term of the extension, and an extension of the term of the agreement to 2031.
“nCino’s success is a testament to the enormous opportunity in front of independent software vendors building on Salesforce,” adds Brian Landsman, EVP, Global Technology Partners at Salesforce.
“Salesforce is the world’s number one AI CRM, trusted by thousands of partners to power purpose-built solutions for highly-specialised industries. The expansion of our work with nCino will only accelerate how our customers are reimagining the future of personalised financial services.”
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