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WaFd Bank Leverages nCino to Efficiently and Digitally Provide Commercial and Small Business Financing

August 11, 2020 / GlobeNewswire

nCino, Inc. (NASDAQ: NCNO) today announced that $18.2 billion-asset Seattle-based WaFd Bank has deployed the nCino Bank Operating System to increase and digitize its commercial lending efficiency and improve the client experience. WaFd was also able to utilize nCino for SBA loan processing to assist small businesses through the coronavirus pandemic as a result of the platform’s agility. The bank worked with management and technology consulting firm West Monroe to implement nCino’s cloud-based digital platform. To better meet ever-evolving client expectations, WaFd recognized it needed to upgrade its technology, replacing manual processes and disparate systems with a single digital end-to-end platform, which it found in the nCino Bank Operating System. WaFd first selected nCino’s Commercial Banking Solution to overhaul its commercial lending division and nCino’s Customer Engagement Solution to create a client-centric portal that allows WaFd’s bankers to del...