nCino has appointed eight-year company veteran Greg Orenstein as chief financial officer.
Orenstein most recently served as the cloud banking firm’s chief corporate development and strategy officer. Prior to that, he was its chief corporate development and legal officer and secretary, nCino said in a Wednesday (Jan. 18) press release.
“Greg is a seasoned public company executive with a proven track record of delivering strong results and creating value,” nCino Chairman and CEO Pierre Naudé said in the release. “His deep strategic and operational understanding of our business and his proven ability to build and lead global teams and partner with business leaders makes him the ideal person for this role.”
Orenstein has played a key role in driving the company’s growth, including leading its initial public offering (IPO) and secondary offering in 2020, according to the press release.
In its prospectus at the time, nCino highlighted its technology to facilitate a range of vital banking offerings to financial institutions, including customer onboarding, loan origination and deposit account opening.
The firm has recently announced new partnerships.
nCino announced in October that Kiraboshi Bank, a regional bank based in Tokyo, is live on the nCino Bank Operating System. The integration was successfully led by IBM Japan.
“By improving efficiency and strengthening its risk management system through a 360-degree customer and portfolio view, the bank will be positioned for success for years to come,” Ituski Nomura, general manager of nCino’s Tokyo office, said at the time.
In September, nCino reported that it had struck a partnership with Codat, the universal application programming interface (API) for small business data, to automate and accelerate banks’ abilities to underwrite small business loans around the world.
The companies said that one of the first financial institutions to adopt the new integration, Recognise Bank, eliminated significant data entry requirements.
The partnership will “further automate processes that enable financial institutions to significantly improve efficiency, accuracy, and create cost savings whilst being able to respond to actual customer need in real time,” Thomas Byrne, general manager of Europe, Middle East and Africa (EMEA) at nCino, said at the time.