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Hamburg Commercial Bank selects nCino’s operating system

Hamburg Commercial Bank selects nCino’s operating system

Banking & FinanceCloudDigital TransformationGermanySoftwareTop Stories

nCino, a pioneer in cloud banking and Digital Transformation solutions for the global financial services industry, has announced that Hamburg Commercial Bank (HCOB) will deploy the nCino Bank Operating System as part of its IT modernisation in the course of its Digital Transformation.

With representation across Germany’s metropolitan regions and in select markets in Europe, HCOB is a Hamburg-based commercial bank and specialty financier, serving commercial clients and financing projects in the real estate and shipping sector, as well as in the renewable energy and infrastructure industry.

By leveraging nCino’s cloud-based Commercial Banking Solution, HCOB will simplify and automate existing financing processes. nCino’s platform will unify fragmented systems and enable the bank to better manage risk and react faster to regulatory changes. For its clients, HCOB will offer enhanced digital options, increased transparency and faster credit decision times with the deployment of nCino.

“We feel nCino’s product suite will significantly contribute to the data and IT transformation we are undergoing here at HCOB,” said Ian Banwell, Chief Financial Officer at Hamburg Commercial Bank.

“We are incredibly pleased to be working with the team at Hamburg Commercial Bank to help accelerate its cloud adoption and digital strategy,” said nCino Chief Executive Officer, Pierre Naudé. “As we continue to enhance the breadth and depth of the nCino platform and expand internationally, we greatly value HCOB’s confidence and partnership as our first customer in Germany and look forward to being a part of its Digital Transformation journey.”

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