nCino: Acquires Visible Equity

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nCino: Acquires Visible Equity

nCino: Cloud-based lendtech vendor, acquires Utah-based Visible Equity

  • Acquisition brings enhanced portfolio management and analytic insights to nCino’s Bank Operating System
  • It leverages the Salesforce platform to provide financial institutions with cloud-based banking solution
  • It also designed to help banks and credit unions manage risk and meet compliance regulations
  • They add the two platforms will become fully integrated to provide a seamless client and cloud-based experience
  • Visible Equity also provides analytics, data warehousing, and reporting solutions for risk management
  • In addition to this, nCino experienced 40% decrease in loan closing times and 92% reduction in servicing costs