Simplified and Streamlined process of Loan Origination with nCino

Using the nCino platform, SLK substantially enhanced the loan origination process for a regional US bank, resulting in increased efficiency and regulatory compliance.

Case Summary

A regional US bank partnered with SLK to modernize its commercial and small business loan lifecycle using nCino. By integrating a cloud-based platform, SLK streamlined processes, reduced manual entry by 25%, and ensured regulatory compliance. This transformation accelerated loan approvals and enhanced the banking experience for associates and customers.

The Challenge

  • Legacy systems relied on 15 disparate platforms, slowing down turn-around time in loan processing.
  • Existing processes lacked alignment with industry-standard nCino workflows.
  • Poor documentation and gaps in current processes demanded extensive inter-department coordination.

The Solution

  • Implemented a cloud-based nCino platform with seamless integration with Bank’s systems for unified loan processing.
  • Automated workflows reduced duplicate data entry by 25%, resulting in less time spent on manual data entry and fewer errors.
  • Leveraged DevOps automation to enable continuous deployment and innovation readiness.
  • Ensured end-to-end compliance through integrated processes.

Business Impact

54%

improvement in operational efficiency

90%

reduction in document creation time

80%

faster underwriting processes

End-to-end unified platform capable of continuous deployment