There is a new acronym that has become the center of global conversation around ways to quantify corporate impact. That acronym is ESG, which stands for Environmental, Social, and Governance, and it refers to a set of standards for company operations that investors use to screen potential investments.

By Greg Thompson, Senior Director of Adoption Services at nCinoOnce your financial institution has gone live with a big change, you might be tempted to pat yourself on the back and consider your work done. In reality, the real work has just begun. You need to make sure the positive changes you made actually stick, because there’s nothing worse for a business than going through the process of transformation only to drift back to where you started.

To help ensure long term success and sustained change, here are ten tips to keep in mind:

As financial institutions look to expand in the competitive and complex financial environment, we are seeing a surge in mergers and acquisitions.

Financial institutions are facing the challenge of balancing the increasing demands for faster, digital banking with the rising wave of financial regulations, including compliance requirements like CECL and fair lending laws. The key to achieving this balance lies in adopting a seamless digital experience, leveraging data with emerging technologies and maintaining strategic and proactive operations through a flexible platform, as demonstrated by the importance of quick compliance during the COVID-19 pandemic. 

As consumers increasingly desire faster banking, more convenient access to their accounts and quicker decisions on their loan requests, financial institutions are hamstrung by a rising wave of financial regulations.

When Adam Bonanno joined Bryn Mawr Trust (BMT) in early 2019, the institution had already identified nCino as a key partner to enable its digital transformation journey. Adam was a seasoned leader with previous experience in financial institutions where he held Chief Data and Chief Technology Officer positions. His deep knowledge of software engineering and IT also allowed him to bring valuable insight as BMT geared up to implement the nCino Platform

Summit Bank, a $761 million-asset bank based in Oregon, has selected nCino's Cloud Banking Platform to transform its operations and digitize its commercial lending business. By leveraging nCino's Commercial Banking and Automated Spreading solutions, Summit Bank aims to gain insights faster, automate tasks and provide a personalized experience for its clients, while replacing disparate systems and enhancing workflow and approval processes.

The modern American banking industry has continued to evolve since the Civil War more than a century and a half ago. A survey of history reveals four periods in which the evolutionary forces in banking accelerated, each marking the start of a new era, starting with the Civil War, followed by the Great Depression, the twin energy and inflationary crises, and most recently, the COVID-19 pandemic.

Hamburg Commercial Bank (HCOB) has chosen nCino's Cloud Banking Platform as part of its digital transformation and IT modernization efforts. By leveraging nCino's cloud-based Commercial Banking Solution, HCOB aims to streamline its financing processes, unify systems, manage risk more effectively, and provide enhanced digital options to its clients, with Accenture supporting the implementation of the nCino platform.

By Zedrick Applin, Program Manager of Diversity, Equity, Inclusion & Community Involvement at nCinoAt the beginning of February, I took on a new position at nCino as Program Manager of Diversity, Equity, Inclusion & Community. I’m thrilled and humbled to serve in a capacity that allows me to truly exercise my passion for people.

At the same time, I know this role will be challenging. Society, both in the USA and around the world, is experiencing a reckoning when it comes to social justice issues. Racism, sexism, bigotry and violence have always existed, but they came to a head this past year when the murder of George Floyd sparked global outrage and, in the corporate world, set off a number of overdue conversations. In this climate, it’s more important than ever that our employees feel safe, secure, and heard, and one of my duties is to make sure that happens.