HBZ UK, the UK subsidiary of Habib Bank AG Zurich, has announced a strategic partnership with nCino to integrate the Cloud Banking Platform into its operations. This initiative focuses on optimizing the bank’s buy-to-let lending business, leveraging advanced technology to streamline loan origination, portfolio management, and risk assessment processes across web, mobile, and intermediary platforms.
Since entering the UK market in 1974 and transitioning to HBZ UK in 2016, the bank has expanded its footprint with eight branches offering diverse financial products. These include current, notice, and savings accounts, commercial loans, fixed-term deposits, treasury services, and specialized financing like buy-to-let and working capital loans.
This collaboration highlights HBZ UK’s commitment to modernization amidst rising competition in the financial sector. The move aligns with nCino’s growth trajectory, following its recent $135 million acquisition of FullCircl, a London-based customer lifecycle intelligence platform. The acquisition aims to enhance nCino’s client lifecycle management and onboarding tools.
nCino’s solutions continue to gain traction among global financial institutions such as ABN Amro, Shawbrook, and Libro Credit Union, solidifying its reputation as a leader in digital banking transformation. For HBZ UK, this partnership signifies a step forward in delivering innovative, efficient, and customer-centric lending services in the competitive UK market.
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