Banking Fintech Investment Services News Risk Management

Metrics Implements nCino to Scale Its Corporate Lending Business

Metrics-Implements-nCino-to-Scale-Its-Corporate-Lending-Business

nCino, Inc. , a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Metrics Credit Partners, a leading Australian non-bank corporate lender, has adopted the nCino Bank Operating System® to transform their corporate lending practices to further support sustained growth. Metrics selected Industrie&Co to support project delivery.

Read More: OWNR Announces Its Cryptocurrency Wallet Turns Into A Wholesome Ecosystem

As an organisation focusing on highly structured, larger corporate loans of A$10 million to A$150 million, Metrics needed a digital solution that would allow them to handle a wide range of borrowers, loan types and structures with varying financial and reporting covenants. With nCino’s Commercial Banking Solution, Metrics has access to enhanced dashboards and reporting, giving them more granular portfolio and client level insights. The Metrics Investment Team also has a holistic view of their clients and greater insight into the entire portfolio, helping them to enhance their risk management practices. Additionally, nCino’s Document Manager enables Metrics to store and categorise all of their deal-related files for quick identification and retrieval.

Due to the COVID-19 pandemic, the entire nCino implementation was run remotely. To assist with the delivery of the nCino platform, Metrics partnered with Industrie&Co, a technology company with extensive financial services experience that helps institutions navigate digital transformation. Through the combined efforts of teams from all three organisations, Metrics was able to quickly adopt nCino despite the remote working environment.

Read More:  GlobalFintechSeries Interview with Sandra Blair, Chief Product Officer at MerchantE

“nCino gives us a technology platform that is scalable with our business, which is essential given our continued growth,” said Andrew Lockhart, Managing Partner at Metrics. “Of the providers we examined, nCino was best able to meet all of our needs, and their commitment to innovation means we will continue to benefit from enhancements over time. We had a tight timeframe for getting up and running on nCino, and Industrie&Co proved to be an agile partner with a deep understanding of financial services that aptly met our various needs.”

“We’ve been delighted to support Metrics with their nCino implementation” said Lukas Bower, Managing Director at Industrie&Co. “The combined team was able to deliver a great outcome under a tight deadline, in spite of COVID-19. Kudos for a great effort.”

Read More:  Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?

Related posts

Basware Launches E-Invoice Receiving Solution Compliant with China Fapiao Regulations

Fintech News Desk

Trade Finance Firm Drip Capital Launches Inventory Financing Product GoTrade

Fintech News Desk

Voya Financial Expands Financial Resiliency Efforts With New Mental Health Initiative

Business Wire
1