OneSavings Bank bolsters its technology stack with nCino

By Gloria Methri

nCino Inc. has partnered with OneSavings Bank (OSB) to provide the institution with a cloud-based single platform that will help streamline traditional banking processes such as underwriting and loan origination.

The partnership will support OSB as it innovates its mortgage and lending operations via technology investments while maintaining customer service and regulatory compliance.

OSB, part of OSB Group, is a specialist mortgage lender, primarily focused on selected sub-segments of the mortgage market such as Buy to Let; Residential, including Help to Buy and shared ownership; complex commercial and semi-commercial; development finance; bridging; and asset finance.

OneSavings Bank is implementing the nCino platform to enhance the efficiency of its lending processes. Through the partnership, OSB will gain a fully configurable, single-platform solution that will create agility in its lending practices and provide flexibility to continuously monitor the economic environment, pivot at speed, and adjust itself accordingly while providing a superior experience for its customers and brokers.

“Our goal is to be recognised as the UK’s number one choice of the specialist bank through our commitment to exceptional service, strong relationships, and competitive propositions, helping customers, colleagues, and communities prosper. I am looking forward to the journey ahead of us with nCino and the added flexibility and agility we will gain by implementing the platform,” said Matthew Baillie, Group Chief Transformation Officer at OSB Group.

“nCino will enable OneSavings Bank to further streamline its lending processes and drive efficiency while maintaining focus on providing outstanding customer service,” said Thomas Chaplin, Head of Mortgage Product, EMEA at nCino. “By leveraging the power of a single platform, nCino can help mortgage providers, borrowers, and brokers alike to benefit from enhanced efficiency and transparency throughout the entire lending process.”