Closing in on an Improved Banking Potential

Human beings have proven themselves to be good at a lot of different things, but to be honest; there is little we do better than growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown increasingly evident over the recent past, and assuming one new fintech-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.

Copado, a leader in the low-code DevOps space, has officially partnered with nCino to help financial institutions access tools for continuous integration, continuous delivery, and automated testing of the latter’s cloud banking platform and other related features. Under the agreed terms, Copado will let these institutions seamlessly adopt DevOps tools, templates, and best practices so to accelerate the speed, quality, and overall value proposition of their nCino implementation. But what makes the Copado an ideal partner here? Well, the answer, beyond its renowned technological prowess, is rooted in how it has managed to achieve FedRAMP, ISO 27001, SOC 2 Type 1, and GDPR compliance, making it the most trusted low-code delivery platform in the world. Another factor boosting the company’s case is its track record of serving an esteemed clientele. You see, Copado has already worked some of industry’s biggest players, including American AgCredit, Comerica, Citizens Bank, Fifth Third Bank, Northern Trust, Boston Scientific, Coca-Cola, Fair Trade, Linde, MassMutual, Schneider Electric, Shell, and many more.

“Financial institutions are looking to deploy new technologies and deliver new services faster, and proven DevOps tools and processes are the key to making that happen,” said Christie March, Vice President of Alliances for Copado. “This partnership with nCino to help financial institutions accelerate their digital initiatives will lead to faster innovation and feature adoption, from commercial banking to portfolio analytics. Together, we can help them increase efficiency, improve compliance, and deepen customer trust through an enhanced digital experience.”

Talk about nCino and its technology, the company has, up until now, collaborated with more than a whopping 1,850 financial institutions to solve business challenges, digitize processes, and enhance the customer experience through its proprietary banking platform. On a more granular level, nCino’s selling pitch talks to benefits like improving employee efficiency and productivity across onboarding, facilitating easier loans and deposits, while simultaneously realizing optimal regulatory compliance. However, given Copado’s expertise around the DevOps technology, the company will now hope to also unlock significantly faster deployments down the line.

“We are excited to have Copado in our technology ecosystem and to be working together to bring innovative solutions to the financial services industry,” said Petra Sheaffer, Manager of Global Technology Partners at nCino. “Our partnership will enhance the capabilities of financial institutions and streamline their workflows, enabling them to improve operational efficiency and deliver superior customer experiences.”

nCino’s decision to pick Copado as a partner is further contextualized by one Forrester Consulting study, which claimed that customers using Copado delivered 20x shorter lead times, 10x faster recovery times, 4x reduction in change fail rate and 5-7% higher productivity. Not just that, Copado’s DevOps platform was found to achieve $4.5 million in value and an ROI of 307% over three years with payback in less than 6 months.