Canadian Imperial Bank of Commerce: CIBC selects nCino site to provide enhanced customer experience to small business bank customers

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CIBC selects the nCino site to provide a enhanced customer experience for small business bank customers

Toronto, January 12 2021 –nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions in the global financial services sector, was today selected by CIBC, one of Canada’s Big Six Banks. nCino Banking Operating System To provide a modern, flexible and scalable platform for its SME Banking team to enhance the Canadian business customer experience.

With the nCino solution, CIBC can enhance the customer and employee experience by facilitating the customer and staff experience through computerization and automation of customer travel.

“Financial institutions must accept the challenge of revising and adapting the experience to suit their customers. We are confident that the nCino platform will enable CIBC to better meet the needs of its commercial banking clients while at the same time providing its employees with the latest technological experience,” said Pierre Naudé, CEO of nCino. “We are pleased to partner with CIBC and want to be a part of modernizing the banking experience for Canadian business owners. ”

“In line with our commitment to achieving the business owners’ ambitions, our investments in computerization and modernization of the customer experience will further enhance the value we place on our business customers, ”said David Looty, Senior Vice President, Small Business. Banking Services, CIBC.

About nCino

nCino (NASDAQ: NCNO) is a global leader in cloud banking services. The nCino banking operating system equips financial institutions with scalable technology to enable them to increase revenue, increase efficiency, reduce costs and comply with regulations. In the digitally enabled world, nCino’s unique digital platform enhances the experience of financial institutions in welcoming new customers, enhancing the customer and employee experience, enabling lending and managing the entire credit life cycle and opening deposits and other accounts across all lines. Business and Channels. nCino works with more than 1,200 financial institutions worldwide, with assets of $ 30 million to over $ 2,000 billion, transforming the way financial institutions operate through innovation, prestige and speed. To learn more, visit www.ncino.com.

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About CIBC

CIBC is a leading North American financial institution with over 11 million customers, including individuals and businesses, corporate and public sector clients. Through personal and small business banking, corporate and wealth management and the capital markets, CIBC offers a wide range of consulting, solutions and services across the front lines of its digital banking network and its locations in Canada, the United States and around the world. You can find more news releases and information about CIBC here www.cibc.com/fr/about-cibc/media-centre.html.

Contacts – Media:

Sutton Wrestler, Encino Ryan Kelly, Encino Josh Burladon, Bank CIBC

+1 571 236-4966 +1 732 770-5942 +1 416 304-2712

[email protected] ryan.kelly @ ncino.comjosh.burleton @ cibc.com

This press release contains forward-looking statements under the provisions of the United States Act. Private Securities Case Reform Act 1995. Forward statements generally include actions, events, decisions, strategies and forecasts and are generally recognized by words such as “trust”, “anticipation”, “foresight”, “plan”, “search”. “,” To “evaluate”, “to plan” and other expressions of the same nature and verbs in the future and conditional. No. These perspectives reflect nCino’s expectations for the release date of this news release. Risks and uncertainties associated with adopting the solution, including international expansion and privacy and data protection issues May cause actual results to differ from the results obtained. . Additional risks and uncertainties that could affect nCino’s business and financial decisions are contained in reports filed by nCino with the US Securities and Exchange Commission (SEC) (available on our website at www.ncino.com or on the SEC website at www.sec .gov). . Additional information on risks that could affect the actual results will be set out in other documents that send nCino files with the SEC from time to time.

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About the Author: Cory Weinberg

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