Banking solutions provider nCino has acquired Integration-Platform-as-a-Service (iPaaS) company Sandbox Banking . The deal, announced Tuesday (Feb. 11), is designed to bolster nCino’s ability to improve data connectivity and streamline operations for banks and credit unions. “Financial institutions frequently build new connections to support emerging products, user workflows, or external systems, but digital transformation is often slowed by time-consuming and costly integration challenges,” nCino said in a news release. “By leveraging Sandbox Banking’s technology, nCino will offer an integration hub to help financial institutions simplify these projects, eliminate redundancies, and seamlessly align data across core and ancillary banking systems, thereby driving key process improvements and accelerating the speed at which projects are implemented and live.” This approach, the release added, allows financial institutions to quickly provide customers with omnichannel experience while providing efficient, secure and cost-effective system interoperability with no technical bottlenecks. Chris Gufford , nCino’s chief product officer, said the acquisition followed several years of collaboration between his company and Sandbox Banking. “Banks and credit unions face critical demands for operational efficiency and regulatory compliance,” Gufford said. “This acquisition gives nCino a better ability to empower these institutions with a flexible, reliable data environment for greater agility to […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
