WILMINGTON, N.C., Oct. 10, 2019 /PRNewswire/ -- nCino, the worldwide leader in cloud banking, today announced that it has been selected as the winner of a 2019 IDC FinTech Rankings Real Results Award in the "Lending Transformation" category. nCino was chosen for this award based on how its Bank Operating System has helped TD Bank transform its commercial lines of business.
Now in its fifth year, the IDC FinTech Rankings Real Results Awards recognize IT providers that have enabled a genuine, measurable and future-enabling change at a client financial institution in the worldwide financial services industry. The IDC FinTech Rankings Real Results program is part of the broader IDC FinTech Rankings program that categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. Together, these programs have become an important measure of the health and direction of technology in the industry as well as the emergence of innovative solutions from new players.
"We are honored to be winners of this prestigious IDC Real Results Award for our work helping TD Bank optimize their commercial lending operations so they can focus on what matters most – their customers," said Josh Glover, Chief Revenue Officer at nCino. "This award celebrates our successful partnership throughout TD's commercial lending transformation, and also demonstrates how TD is focused on meeting its customers' needs head on, both today and well into the future. The nCino team is extremely proud to be part of that effort."
"nCino is a great example of how TD Bank sought to make a major investment in a foundational platform," said Chris Giamo, Head of Commercial Bank for TD Bank. "t has allowed us to consolidate all of our systems into one for better communication, credit administration and processes, and gave us advanced visibility and data into the lifecycle of our opportunities so we can provide our clients with a seamless experience. While we continue to integrate our teams onto the new system, we are excited about the change nCino is bringing within our organization, but we're even more excited about what the future holds."