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Bendigo and Adelaide Bank selects nCino to transform its business banking

SYDNEY, Australia, Sept. 20, 2023 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Bendigo and Adelaide Bank, a leading Australian bank, has selected nCino to enhance and simplify their business banking operations. This decision was part of the bank’s broader strategy to reduce complexity in its operations, deliver the best experience for their customers and employees, and accelerate growth.

nCino is a cloud-based, purpose-built banking platform that will help Bendigo and Adelaide Bank achieve their digital transformation goals by automating processes, facilitating the Bank’s ability to enhance compliance, and empowering its bankers. By introducing nCino into their operations, Bendigo and Adelaide Bank will leverage intelligent automation, streamline processes, deliver a faster time to decision and enable their bankers to devote more time on building relationships with customers.

“We are pleased to partner with nCino as we step up our efforts to simplify our business,” said Adam Rowse, Chief Customer Success Officer for Business Bank & Agribusiness at Bendigo and Adelaide Bank. “Our goal is to deliver our customers and staff with best-in-class user experience and to streamline our operations so that we can move at pace while delivering sustainable growth.”

“We are a partner of choice for progressive banks globally, with a proven track record of helping them scale efficiently, improve customer experience, and innovate at speed,” said Mark Bernhardi, Managing Director of Australia and New Zealand at nCino. “We are very excited to partner with the Bendigo and Adelaide Bank team on their current transformation journey towards streamlining processes and creating a frictionless experience for their customers and staff.”

About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. Through its single software-as-a-service (SaaS) platform, nCino helps financial institutions serving corporate and commercial, small business, consumer, and mortgage customers modernize and more effectively onboard clients, make loans, manage the loan lifecycle, and open accounts. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,850 financial services providers globally. For more information, visit www.ncino.com.

About Bendigo and Adelaide Bank
Bendigo and Adelaide Bank is Australia’s better big bank, with more than 7,000 staff helping our over 2 million customers to achieve their financial goals. Bendigo and Adelaide Bank’s vision is to be Australia’s bank of choice, by feeding into the prosperity of customers and their communities.

Media Contacts
For nCino
press@ncino.com
or
ncino@honner.com.au

Safe Harbor Statement
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC's web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.


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