Home music industry TCU Financial Group digitizes corporate lending with nCino and Deloitte Canada

TCU Financial Group digitizes corporate lending with nCino and Deloitte Canada


Fast, iterative delivery design enables credit union to quickly launch nCino

TORONTO, February 04, 2021 (GLOBE NEWSWIRE) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that the Saskatchewan-based company TCU Financial Group digitally upgraded its business lending processes using the nCino Bank Operating System®. The credit union worked with Deloitte successfully deploy nCino in an accelerated time frame despite all teams being totally remote due to the COVID-19 pandemic.

Recognizing the need to digitize to better meet the needs of its members, TCU Financial Group, with assets of C $ 773 million, used Deloitte’s fast and iterative delivery model to implement the Commercial banking solution, by taking advantage of the pre-defined configurations that allowed the credit union to be active on nCino quickly and efficiently. With nCino, TCU Financial Group has access to automated workflows, real-time reporting and digital document management as part of an end-to-end loan process. Employees now have more time to focus on member relations, and the flexibility of the nCino platform will allow TCU Financial Group to continue to improve the member experience while adding new features.

Svjetlana Mestrovic, Assistant Vice President of Optimization and Systems Integration at TCU Financial Group, said: “In a world of digital disruption, we knew we had to transform our services to remain a valuable partner for our businesses. members. nCino and Deloitte have helped us put the technology in place to better support members now and also create a backbone to continue to evolve our offerings in the future.

“TCU Financial Group has seen how the pandemic has increased the importance of digitization and quickly responded to this need so that they can better serve their community,” added John Wang, global digital banking partner at Deloitte. “We are proud of how the close collaboration between our three organizations has enabled us to rapidly bring value to TCU Financial Group and its members through nCino. Together, we have developed a repeatable delivery model that will enable innovative credit unions and banks to build digital capabilities in a fast and easy to digest way. “

“While the idea of ​​digital transformation may seem daunting, TCU Financial Group has proven that it doesn’t have to be, especially when broken down into smaller stages using a single platform.” , said Cam Sterrett, regional vice president and general manager. – Canada at nCino. “We are honored that TCU Financial Group has entrusted us with helping them on their journey to digitalization and we are delighted to continue working alongside them, with the help of Deloitte, as they expand their use of nCino. “

About nCino
nCino (NASDAQ: NCNO) is the global leader in cloud banking. The nCino Bank Operating System® provides financial institutions with scalable technology to help them increase revenues, increase efficiency, reduce costs and comply with regulations. In a digitally driven world, nCino’s unique digital platform enhances the employee and customer experience to enable financial institutions to more effectively onboard new customers, grant loans and manage overall loan lifecycle, and open deposits and other accounts across all lines of business and channels. . Transforming the way financial institutions operate through innovation, reputation and speed, nCino works with more than 1,200 financial institutions around the world, with assets ranging from $ 30 million to over $ 2,000 billion. For more information visit: www.ncino.com.

About TCU Financial Group
TCU Financial Group is a Saskatchewan-based credit union that has provided a full range of financial products and services to Saskatchewan residents, organizations and businesses since 1952. TCU Financial Group aims to connect people with their unique life goals by creating meaningful spaces, providing a value-added experience with expert advice and advocacy for financial literacy to foster healthier communities. For more information, please visit www.tcufinancialgroup.com.

About Deloitte
Deloitte provides audit and insurance, advisory, financial advisory, risk advisory, tax and related services to public and private clients spanning multiple industries. Deloitte serves four of the five Fortune Global 500® companies through a global network of member companies in more than 150 countries and territories, bringing world-class capabilities, knowledge and services to tackle clients’ most complex business challenges. Deloitte LLP, an Ontario limited liability company, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte refers to one or more of the companies Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please watch www.deloitte.com/ca/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Our overall goal is to have an impact that matters. At Deloitte Canada, this translates into building a better future by accelerating and expanding access to knowledge. We believe we can achieve this by living our shared values ​​to lead the way, serve with integrity, care for one another, foster inclusion, and collaborate for measurable impact.

To learn more about Deloitte’s more than 312,000 professionals, more than 12,000 of whom are part of the Canadian firm, please contact us at LinkedIn, Twitter, Instagram, or Facebook.


Claire Sandstrom, nCino

Natalia Moose, nCino

+1 646.520.0710

+1 910.248.4602

[email protected]

[email protected]

This press release contains forward-looking statements within the framework of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by the ‘use of the words “believes,”, “,”, “,,”, “similar expressions. All forward-looking statements contained in this press release are based on the historical performance of nCino and its current plans, estimates and expectations, and do not constitute a representation that such plans, estimates or expectations will be realized. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may change these expectations and, except as required by law, nCino assumes no obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties which could cause actual results to differ materially. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the United States Securities and Exchange Commission (available on our website at www.ncino.com or on the SEC website at www.sec.gov). Further information on potential risks that could affect actual results will be included in other documents filed by nCino with the SEC from time to time.