Business
Hamburg Commercial Bank Goes Live on nCino
Germany’s “Best Performing Bank” completes successful implementation of the nCino platform to drive further efficiency WILMINGTON, N.C. and LONDON and
About this update from Ncino, Inc.
[{"type":"text","content":"Germany’s “Best Performing Bank” completes successful implementation of the nCino platform to drive further efficiency\nWILMINGTON, N.C. and LONDON and HAMBURG, Germany, Dec. 01, 2022 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Hamburg Commercial Bank (HCOB) is now live on the nCino Bank Operating System®. nCino is supporting the Bank’s workflow from the processing of transactions in the pipeline, through structuring and credit decisioning to help expedite processes and enable increased efficiencies. With representation across Germany’s metropolitan regions and in select markets in Europe, HCOB is a specialty financier, serving commercial clients and financing projects in the real estate and shipping sector, as well as in the renewable energy and infrastructure industry. The Bank recently won the \"Euromoney Award for Excellence 2022\" in the global category \"World's Best Bank Transformation\" and boasts some of the best financial metrics in banking in Germany. “We have transformed Hamburg Commercial Bank into a focused and profitable commercial bank within a few years and we intend to build on this foundation and expand our business in a measured manner. The nCino implementation is a great example of the execution of this strategy,” said Jan Lührs-Behnke, Head of Credit Office at Hamburg Commercial Bank. “We look forward to continuing to work with nCino as we are already achieving very positive results in terms of speeding up our processes, working more efficiently and creating a better customer experience”. “We’re extremely proud to be partnered with HCOB and to have successfully deployed the nCino platform in Germany,” said Charlie McIver, Managing Director - EMEA at nCino. “HCOB has been on one of the most ambitious business and cloud tech transformations I have ever witnessed. nCino replaced consolidated data and replaced disparate legacy systems to create a single platform for credit origination and review. Through nCino, HCOB now has a flexible platform for the seamless initiation of financing to decision through to the booking of the loan. With the foundational implementation complete, we really look forward to further innovating HCOB’s capabilities.” The nCino Bank Operating System transf...