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nCino Advances EMEA Presence

Seasoned industry executive Jennifer Geary appointed as General Manager, EMEA
Cloud-based digital banking provider launches German subsidiary, nCino Germany GmbH

LONDON, March 02, 2021 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced it is bolstering its European presence with the appointment of Jennifer Geary as General Manager, EMEA. In addition, the company has established an entity in Germany to deliver the nCino Bank Operating System® to advance the digital transformation of German financial institutions.

"I am extremely excited to be joining nCino at such a pivotal moment for the European financial services industry," said Jennifer Geary, General Manager, EMEA at nCino. "Having spent the majority of my career working in finance and technology, I look forward to using my experience to help financial institutions further adopt digital banking services as necessitated by the COVID-19 pandemic and evolving client preferences. nCino’s culture and proven success record of delivering measurable and meaningful results to financial institutions across the globe were major draws for me, and I hope to make a positive and lasting impact on the industry in this role."

Based in London, Geary is responsible for nCino’s full European functions, spearheading business expansion across the continent and into Africa and the Middle East. Geary has more than 20 years of experience in finance, technology, risk and legal, across diverse industries from financial services to not-for-profit. Prior to nCino, she was the Chief Risk and Operations Officer at Asto UK. She also spent 13 years in Barclays plc, initially in investment banking, followed by wealth management and finally as Chief of Staff to the Group General Counsel. She holds a B.Comm from University College Dublin and a Masters in Accounting from the Michael Smurfit Graduate School of Business.

Geary’s appointment coincides with the launch of nCino Germany GmbH. The subsidiary was established to more locally meet the growing demands of financial institutions in Germany looking to modernise and improve their ability to innovate while reducing costs and keeping pace with changing regulations and client needs. Newly appointed in-country lead Jens Treskatis will help scale nCino’s German operations.

With offices in London, Melbourne, Sydney, Toronto, Tokyo and Salt Lake City in addition to its worldwide headquarters in Wilmington, N.C., U.S.A., nCino currently works with more than 1,200 financial institutions ranging in size from large, international organisations to smaller neo and challenger banks. Built by bankers for bankers, nCino provides financial institutions with a flexible, digital, end-to-end platform that can help provide cost savings, improve portfolio quality, monitor risk, and cope with regulation demands.

nCino’s CEO Pierre Naudé added, "The EMEA market plays an extremely important role in the future of nCino’s business and Jennifer is perfectly placed to take the helm of the operation; we’re very excited to have her join the team. Over the last twelve months and following our IPO in July, we have matured our position in the cloud banking market globally, and began working with financial institutions in new countries who are now experiencing the benefits of nCino. As such, we’re pleased to formally commence operations in Germany while advancing our presence across the entire European continent in a commitment to support even more financial institutions through innovation, reputation and speed."

About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino's single digital platform enhances the employee and client experience to enable financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino works with more than 1,200 financial institutions globally, whose assets range in size from $30 million to more than $2 trillion. For more information, visit: www.ncino.com.

MEDIA CONTACTS   
Claire Sandstrom, nCino  Natalia Moose, nCino
+1 646.520.0710  +1 910.248.4602
csandstrom@mww.com  natalia.moose@ncino.com
    

This press release contains forward-looking statements within 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 use of the words "believes," "expects," "intends," "anticipates," "plans," "seeks," "estimates," "projects," "may," "will," "could," "might," or "continues" or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC's web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.


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