S&T Bank Live on the nCino platform on several lines of

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WILMINGTON, North Carolina, Aug 03, 2021 (GLOBE NEWSWIRE) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that S&T Bank is now live on the nCino Bank® operating system. With a presence spanning Pennsylvania, Ohio and New York, the community bank selected and adopted nCino to streamline processes, advance its digital strategy and better serve its business customers. With nCino, S&T has been able to eliminate many disparate manual systems and processes into a single end-to-end platform using nCino’s commercial and small business lending solutions. S&T is now also available on nCino’s sales and cash management integration solution, which will provide a 360-degree customer view and even clearer reporting capabilities.

“For over 100 years, S&T Bank has been committed to providing the right tools to create a frictionless experience for our customers,” said Brian Dobis, director of commercial banking at S&T. “We want to build relationships based on excellent performance and long-standing trust. Our partnership with nCino has allowed us to do just that, providing a state-of-the-art solution that will give our employees, business customers and small businesses the seamless experience they need.

By choosing to leverage nCino, S&T Bank is able to digitize, automate and streamline inefficient and complex processes and workflows, much of which was previously done manually. S&T is also able to digitally serve its customers across multiple products and channels, providing enhanced communication, delivering an enhanced customer experience, and speeding up the financing process for their commercial, treasury and small business customers. This unified digital relationship between S&T and its customers will allow the financial institution to be more efficient and effective, while collecting more real-time information on the performance of its business, which will allow the bank to better measure and manage its operations, as well as increase the opportunities to increase the portfolio share.

“Many financial institutions around the world are still working with legacy siled systems, spreadsheets and outdated manual processes that cannot meet modern customer needs,” said Paul Clarkson, executive vice president of financial institutions American at nCino. “The nCino platform enables a scalable and sustainable technology base that can not only meet growing consumer expectations, but also exceed them. We are delighted to support S&T throughout their digital transformation journey and to provide a single cloud-based platform to serve their customers.

About nCino
nCino (NASDAQ: NCNO) is the global leader in cloud banking. The nCino Bank Operating System® provides financial institutions with scalable technology to help them increase revenues, increase efficiency, reduce costs and comply with regulations. In a digitally driven world, nCino’s unique digital platform enhances the employee and customer experience to enable financial institutions to more effectively onboard new customers, grant loans and manage overall loan lifecycle, and open deposits and other accounts across all lines of business and channels. . Transforming the way financial institutions operate through innovation, reputation and speed, nCino works with more than 1,200 financial institutions around the world, with assets ranging from $ 30 million to over $ 2,000 billion. For more information, visit: www.ncino.com.

About S&T Bancorp
S&T Bancorp, Inc. is a $ 9.3 billion financial holding company headquartered in Indiana, Pennsylvania. S&T trades on the NASDAQ Global Select Market under the symbol STBA. Founded in 1902 with a single location in Indiana, Pennsylvania, S&T has expanded to five regional markets, including Southwestern Pennsylvania (Pittsburgh), Eastern Pennsylvania (Harrisburg), Northeast eastern Ohio (Akron), central Ohio (Columbus) and upstate New York (Rochester). S&T provides a full range of personal and business financial services in Pennsylvania and Ohio and has loan production offices in upstate New York.

MEDIA CONTACTS
Sutton Resler, nCino
+1 571.236.4966
[email protected]

Ryan kelly
+1 732.770.5942
[email protected]

This press release contains forward-looking statements within the framework of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by the ‘use of the words “believes,”, “,”, “,,”, “similar expressions. All forward-looking statements contained in this press release are based on the historical performance of nCino and its current plans, estimates and expectations, and do not constitute a representation that such plans, estimates or expectations will be realized. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may change these expectations and, except as required by law, nCino assumes no obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties which may cause actual results to differ materially, including, among others, risks and uncertainties relating to the market adoption of our solution and issues of confidentiality and data security. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the United States Securities and Exchange Commission (available on our website at www.ncino.com or on the SEC website at www.sec.gov). Further information on potential risks that could affect actual results will be included in other documents filed by nCino with the SEC from time to time.


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