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nCino Appoints Seasoned Banking Technology Executive Anthony Morris as SVP of Global Banking Strategy & Customer Advisory

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nCino, Inc. (NASDAQ: NCNO) has appointed Anthony Morris as SVP of Global Banking Strategy & Customer Advisory, effective immediately. With over 30 years in the banking and software sectors, Morris previously led banking initiatives at Salesforce. His role at nCino will focus on driving the adoption of the nCino Bank Operating System® among global bank customers. The company aims to enhance its strategies to expand its services in response to increasing demand for digital transformation in banking.

Positive
  • Appointment of Anthony Morris expected to strengthen nCino's customer engagement and market strategies.
  • Morris brings extensive experience from Salesforce, enhancing nCino's credibility and expertise in digital banking solutions.
Negative
  • Potential challenges in integrating Morris's strategies amid existing organizational processes.

WILMINGTON, N.C., Sept. 28, 2021 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the appointment of Anthony Morris as SVP of Global Banking Strategy & Customer Advisory.

With more than 30 years of experience in the banking and software industries, Morris has successfully helped financial institutions around the globe define and deliver new operating models and practical transformation visions. As the Vice President and Global Head of Banking Go-to-Market at Salesforce for the past decade, Morris advised hundreds of bank customers on how to best leverage the cloud to deliver their digital transformation strategies across a variety of business lines, segments, and programs. In his new role at nCino, Morris will engage with nCino’s global bank customers and prospects to drive their adoption of the nCino Bank Operating System® and help refine go-to-market strategies to continue expanding the nCino ecosystem.

"Today, banks aren’t pondering if they should adopt cloud software, they want to know how and they expect the best cloud companies to help them define their transformation strategy,” said Josh Glover, President & Chief Revenue Officer of nCino. “Anthony has decades of experience working with financial institutions on their digital transformation programs and cloud strategy, with expertise across retail and commercial banking. His breadth and depth of experience and influential track record with financial institutions will further strengthen our ability to deliver transformational solutions to our customers around the world. We are thrilled to have Anthony onboard.”

“I’ve admired nCino for a long time as a partner while at Salesforce and am elated to now be an official member of the team,” added Morris. “COVID-19 has made it clear that every financial institution must digitally transform, and no other company is transforming this industry the way nCino is. I look forward to helping them continue to grow and build upon their strong reputation as a trusted partner to financial institutions of all sizes around the globe.”

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
Sutton Resler
+1 571.236.4966
sresler@mww.com

Ryan Kelly
+1 732.770.5942
ryan.kelly@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 including, among others, risks and uncertainties relating to the market adoption of our solution, our ability to attract new customers and succeed in having current customers expand their use of our solution, our ability to sustain our revenue growth rate in the future, and privacy and data security matters. 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.


FAQ

What role has Anthony Morris been appointed to at nCino?

Anthony Morris has been appointed as SVP of Global Banking Strategy & Customer Advisory.

What is Anthony Morris's experience in the banking industry?

Morris has over 30 years of experience, previously serving as Vice President and Global Head of Banking Go-to-Market at Salesforce.

How will Anthony Morris impact nCino's business strategy?

Morris will focus on enhancing the adoption of nCino's Bank Operating System and refining go-to-market strategies.

Why is nCino focusing on digital transformation?

There is a growing demand from banks for digital transformation due to changing customer expectations and competitive pressures.

What is the nCino Bank Operating System?

It is a cloud-based platform designed to help financial institutions improve efficiency, revenue growth, and compliance.

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