What do you like best?
nCino has built-in Loan origination capability which I like most I have been working in the banking system for the last 10 years. I am amazed by the capability it has in it. We have many different traditional systems for 7 steps process for loan origination which performs different operations like prequalification, application processing, underwriting, credit decision, Quality check, and Loan funding. Using different vendor applications was a pain for the customer. Now onboarding into the nCino system, made life easier for both customer and support team.No long hour work and debugging for vendor applications.
Everything is cloud-based, Customers can see the status anywhere any time and Line of Business can approve the application from their mobile ...so life is easy for everyone.
Faster development testing and production installation.
Greater Security features.
Easy onboarding for different products
Reduction in operating cost.
What do you dislike?
Well, Everything has Pro and Cons so as a Tech person I can see that projects are completed within 3-6 months which usually take years when we were building them in .Net/Java or Microsoft technology.
Now this will brings stability factor for a developer :).Maintenance is also very easy so less development work.
Finding the resources are very difficult.
No many certifications are available to get competent.
What problems are you solving with the product? What benefits have you realized?
We are having multiple systems for the loan origination process for the commercial credit platform. which built a long time back in Microsoft, lotus notes, and supported by multiple vendor apps. Now some of them very old and about to retire. An upgrade would take a hell of a lot of money for clients and they are in need of a sophisticated system to perform end to end process.
Guess Solution was nCino Origination System !!!
