- Purpose: Shawbrook Bank has chosen nCino’s platform to automate loan origination and portfolio management processes.
- Functionality: The platform will automate complex lending processes, optimize client portfolios, and support a wide range of lending products. It includes features like automated workflows, document management, real-time reporting, and onboarding.
- Risk Management: Shawbrook will use the platform to reduce risk, achieve data consistency, and enhance credit risk management. It will also implement nCino’s automated spreading solution for credit analysis and risk decisioning.
- Technology: The solution is powered by nIQ, which includes AI and machine learning tools to improve the speed and quality of credit decisions.
- Expected Outcomes: Shawbrook CTO Russ Thornton anticipates improved customer and employee experiences through process automation and intuitive user interfaces.
- Strategic Expansion: The implementation aligns with Shawbrook’s expansion of its market footprint and client portfolios, coinciding with its recent acquisitions and integrations to enhance commercial lending and streamline business finance payments.
