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Stock impact report

Summit Bank Selects the nCino Bank Operating System® to Enhance Commercial Offerings

nCino, Inc. (NCNO) 
Company Research Source: GlobeNewswire
WILMINGTON, N.C., June 08, 2021 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that $761 million-asset, Oregon-based Summit Bank selected nCino’s Bank Operating System to transform its operations and digitize its commercial lending business. Summit Bank will be utilizing nCino’s Commercial Banking and Automated Spreading solutions to empower the bank to gain insights faster and make proactive, impactful decisions that best serve its client base. nCino’s Automated Spreading, powered by nCino IQ (nIQ), can seamlessly spread financials to accurately and efficiently automate tasks and provide a greater opportunity for Summit to grow its financial portfolio. “We decided it was time to enhance our offerings to better meet the needs of our clients. It was important to us that we weren’t simply implementing a point solution, but to ensure we found a key long-term par Show less Read more
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