Habib Bank AG Zurich selects nCino platform to power UK buy-to-let lending business
HBZ UK, the UK subsidiary of Habib Bank AG Zurich, has tapped cloud banking solutions provider nCino to upgrade its buy-to-let lending business.
HBZ UK taps nCino’s Cloud Banking Platform
The bank will implement nCino’s Cloud Banking Platform which, spanning web, mobile, and intermediary channels, is designed to streamline loan origination and management processes, and enhance portfolio risk management.
Habib Bank AG Zurich first entered the UK market in 1974, with HBZ UK assuming control of its operations in 2016.
Operating eight branches across the country, HBZ UK offers an array of financial products, including current, notice and savings accounts, commercial loans, fixed-term deposits, treasury services, and buy-to-let and working capital finance.
This new collaboration caps off a busy year for the nCino, which acquired London-headquartered customer lifecycle intelligence (CLI) platform FullCircl in October for $135 million.
The acquisition aims to integrate FullCircl’s technology into the US-based vendor’s client lifecycle management and onboarding tools.
This is amid a growing roster of financial institutions leveraging nCino in their digital transformation, including ABN Amro, Shawbrook and Libro Credit Union.
