nCino is the one for ConnectOne’s cloud-powered lending
New Jersey-based ConnectOne Bank has selected nCino’s Bank Operating System for account opening, lending and portfolio management.
According to nCino, Bank Operating System gives ConnectOne a single cloud-based platform, built on Salesforce, that combines customer relationship management (CRM), loan origination, account opening, workflow, enterprise content management, business process management, digital engagement and instant reporting.
Frank Sorrentino, chairman and CEO of ConnectOne Bank, says it filters decisions “through the ‘3X’ rule, meaning we ask ourselves ‘if our bank was three times the size it is today, would our technologies still meet the needs of both employees and clients?’” and “we found a natural fit with nCino”.
nCino adds that its Customer Portal, an interactive two-way gateway, allows customers to track their loan’s status, upload documents and communicate with ConnectOne employees.
ConnectOne Bank, which has $4.7 billion in assets, was founded in 2005.
Other deals for nCino include Gulf Coast Bank & Trust in Louisiana, Pacific Western Bank in California (the 100th implementation of Bank Operating System), Great Southern Bank in Missouri, Valley National Bank in New Jersey, North State Bank in North Carolina and CrossFirst Bank in Kansas.
Recently, nCino gained its first client outside the US – OakNorth Bank.