S&T Bank Live on nCino Platform Across Multiple Lines of Business
August 03 2021 - 7:30AM
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital
transformation solutions for the global financial services
industry, today announced that S&T Bank is now live on the
nCino Bank Operating System®. With a footprint spanning
Pennsylvania, Ohio and New York, the community bank selected and
adopted nCino to streamline processes, advance their digital
strategy and better serve their business clients. Through nCino,
S&T has been able to eliminate numerous disparate systems and
manual processes in favor of a single, end-to-end platform through
nCino’s Commercial and Small Business Lending Solutions. S&T is
now also live on nCino’s Treasury Management Sales and Onboarding
Solution, which will provide an even clearer 360-degree client view
and reporting capabilities.
“For more than 100 years, S&T Bank has been committed to
providing the right tools to create a frictionless experience for
our clients,” said Brian Dobis, Director of Commercial Banking at
S&T. “We want to build relationships rooted in excellent
performance and long-standing trust. Our partnership with nCino has
allowed us to do just that, by delivering an industry leading
solution that will provide our employees, commercial and small
business clients the seamless experience they need.”
By choosing to leverage nCino, S&T Bank is able to digitize,
automate and streamline inefficient and complex processes and
workflow, much of which was previously done manually. S&T is
also able to digitally serve their clients across multiple products
and channels, providing enhanced communication, delivering an
improved client experience and expediting the speed to funding
process for their commercial, treasury and small business clients.
This unified digital relationship between S&T and its clients
will empower the financial institution to be more efficient and
effective, while also collecting more data driven, real-time
insights into their business performance, which will allow the bank
to better measure and manage their operations, as well as increase
opportunities to grow wallet share.
“Many financial institutions around the globe are still working
with siloed legacy systems, spreadsheets and manual, outdated
processes that cannot support the modern needs of the client,” said
Paul Clarkson, EVP of U.S. Financial Institutions at nCino. “The
nCino platform allows for a scalable and sustainable technological
foundation that can not only meet the growing expectations from
consumers, but also exceed them. We’re thrilled to accompany
S&T along their digital transformation journey and provide a
single cloud-based platform to serve their clients.”
About nCinonCino (NASDAQ: NCNO) is the
worldwide leader in cloud banking. The nCino Bank Operating System®
empowers financial institutions with scalable technology to help
them achieve revenue growth, greater efficiency, cost savings and
regulatory compliance. In a digital-first world, nCino's single
digital platform enhances the employee and client experience to
enable financial institutions to more effectively onboard new
clients, make loans and manage the entire loan life cycle, and open
deposit and other accounts across lines of business and channels.
Transforming how financial institutions operate through innovation,
reputation and speed, nCino works with more than 1,200 financial
institutions globally, whose assets range in size from $30 million
to more than $2 trillion. For more information, visit:
www.ncino.com.
About S&T BancorpS&T Bancorp, Inc. is a
$9.3 billion financial holding company headquartered in Indiana,
Pennsylvania. S&T trades on the NASDAQ Global Select Market
under the symbol STBA. Founded in 1902 with a single location in
Indiana, Pennsylvania, S&T has expanded to five regional
markets including Southwestern Pennsylvania (Pittsburgh), Eastern
Pennsylvania (Harrisburg), Northeast Ohio (Akron), Central Ohio
(Columbus) and Upstate New York (Rochester). S&T provides a
full range of financial services to individuals and businesses in
Pennsylvania and Ohio and has loan production offices in Upstate
New York.
MEDIA CONTACTSSutton Resler, nCino +1
571.236.4966 sresler@mww.com
Ryan Kelly+1 732.770.5942ryan.kelly@ncino.com
This press release contains forward-looking statements within
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Reform Act of 1995. Forward-looking statements generally include
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will be included in other filings nCino makes with the SEC from
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