nCino, Inc. announced that the cooperative financial group in North America, Desjardins Group, will implement nCino?s Automated Spreading Solution, powered by nCino IQ (nIQ), expanding their partnership with nCino to further realize the benefits of a single platform. After implementing nCino?s Small Business and Commercial Banking Solutions in 2022, Desjardins has been able to increase the speed of its loan origination process by eliminating unnecessary wait times for its members and clients. To improve the efficiency already gained by using the platform, Desjardins is expanding its use of nCino to include Automated Spreading functionality, which leverages machine learning to streamline the underwriting process, enhance financial statement data capture and improve the speed and quality of credit decisions.

This solution covers multilingual documents and multi-currency financial statements, making the process smoother for Desjardins? clients and members.