Chalk up another big win for nCino. The Wilmington, North Carolina-based fintech has signed a deal with TD Bank that will put nCino’s Bank Operating System to work for the bank’s corporate and commercial lending divisions.

The technology, demonstrated at FinovateEurope 2017 last year, is already live with employees in TD Bank’s TD Equipment Finance department. nCino’s platform will give prospective business borrowers faster decisions on their loan requests, as well as add transparency to the loan process. The Bank Operating System will also enable the bank’s credit risk management, sales, and underwriting professionals to benefit from insights into TD Bank’s commercial lending portfolio and better collaborate on deals. Built on top of Salesforce.com, nCino’s Bank Operating system features CRM, loan origination, account opening, workflow, content management, business process management, customer engagement, and instant reporting all on a single platform.

“It’s great to see employees at TD Bank already experiencing many of the benefits of the nCino Bank Operating System – from greater efficiency to increased productivity to an elevated customer experience,” nCino CEO Pierre Naudé said. “We see this collaboration between our organizations as a natural fit and are very excited to continue strengthening and expanding our partnership with this innovative top 10 U.S. bank.”

Anthony Sasso, president of TD Equipment Finance, added, “As the bank continues to deliver on its vision to transform commercial lending, it’s essential that we have the best tools and technology to help our customers achieve their financial objectives.” TD Bank has more than nine million customers and 1,200+ locations in the American northeast and mid-Atlantic regions, as well as in metropolitan D.C., the Carolinas, and Florida. Headquartered in Cherry Hill, New Jersey, TD Bank is a member of TD Bank Group and is a subsidiary of The Toronto-Dominion Bank of Toronto, Canada.

News of nCino’s partnership with TD Bank is the company’s second major announcement in March. Earlier this month, the fintech partnered with the Yorkshire Building Society in the U.K., which will use nCino’s Bank Operating System to enhance its corporate lending efforts. Also this month, nCino announced that it was teaming up with consulting firm, Enforce, to help community-based FIs adopt cloud-based solutions. The company began 2018 with a pair of big headlines: an investment round led by Salesforce Ventures that took nCino’s total capital to more than $81 million, and a deal with the world’s largest credit union, Navy CU, with more than $87 billion in assets.

The U.K.’s Yorkshire Building Society has deployed nCino’s cloud-based digital Bank Operating System for commercial lending operations, reports Antony Peyton of Banking Technology (Finovate’s sister publication).

This is nCino’s second triumph in the UK – as reported in June 2017 challenger bank OakNorth deployed the same system. In the U.S., ten of the top 30 banks by asset size and the world’s largest credit union, Navy Federal, rely on the Wilmington, North Carolina-based fintech’s cloud-based banking technology.

In this latest deal, Bradford-based Yorkshire Building Society, will use the system to lets its employees make faster decisions and provide funding more quickly to its customers. According to nCino, it completed the deployment in less than 90 days.

Phil Green, head of commercial lending and social housing at Yorkshire Building Society, said: “We invested in the nCino Bank Operating System because it helps automate tasks that were previously paper-based and manual, allowing colleagues more time to deliver differentiated and personalized service.”

The nCino Bank Operating System is built on the Salesforce platform that combines customer relationship management, loan origination, account opening, workflow, enterprise content management, business process management, digital engagement and reporting.

Last month, nCino reeled in investment from Salesforce Ventures. The amount of funding was undisclosed, but the investment adds to the company’s known total capital of more than $81 million.

nCino demonstrated its Bank Operating System at FinovateEurope 2017. Pierre Naudé is CEO.

With more than $87 billion in assets, more than seven million members, and 300 branches, Navy Federal Credit Union is known as the largest credit union in the world. So it is a pretty big deal for the team at nCino to announce that NFCU has selected the North Carolina-based fintech’s Bank Operating System to help support its continued growth.

“With nCino, our employees can service members with key insights gained on the digital banking platform,” SVP for Consumer and Business Lending for NFCU Dave Ledwell explained. “We want to provide an experience that is quick, effortless and enjoyable, and we see nCino as being the tool to provide these things and more.” Ledwell called NFCU’s military-based membership – including veterans and their families – “some of the best borrowers of any financial institution.”

Left to right: Jonathan Rowe (CMO), Trisha Price (EVP, Product Development and Engineering), and Nathan Snell (Head of Innovation and Design) demonstrating nCino’s Bank Operating System at FinovateEurope 2017.

nCino’s platform will enable bank professionals to facilitate the full process of business lending from application to funding faster and more accurately. The technology also gives banks an edge in customer engagement by providing what nCino SVP of Community and Regional Financial Institutions Paul Clarkson called “a clearer view of members’ needs.”

“Rapidly growing and service-oriented institutions like Navy Federal require an innovative solution that enhances the loan process in order to provide the highest levels of convenience and service to its members,” Clarkson said.

Founded in 2012 and headquartered in Wilmington, North Carolina. nCino demonstrated its Bank Operating System at FinovateEurope 2017. Last month, the company announced that Ithaca, New York’s CFCU Community Credit Union ($1 billion in assets) would deploy its Bank Operating System to better serve its 70,000 members.

The firm has raised more than $81 million in funding – most recently a $17 million private equity round in August – and includes Insight Venture Partners among its investors. Named to Deloitte’s 2017 Technology Fast 500 in November, and having earned the top spot in Aite Group’s report on global commercial loan origination in October, nCino has also partnered with Iberiabank of Lafayette, Louisiana, and teamed up with community bank ConnectOne Bank in recent months. Pierre Naudé is CEO.

Watch our interview with nCino Head of Innovation and Design Nathan Snell as he discusses personalization and the customer experience with Finovate research analyst Julie Muhn.