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