1. News
April 24, 2024

Together taps nCino to transform lending business

Together’s product range encompasses mortgages, buy-to-let, short-term finance, commercial and semi-commercial mortgages and loans, auction finance and development funding throughout mainland UK

British property lender Together has selected cloud-based banking solutions provider nCino’s cloud banking platform to modernise and future-proof its business.

Based in Cheadle, Cheshire, Together offers finance to people and businesses. The firm is said to consider all applications on their merits.

Together’s product range encompasses mortgages, buy-to-let, short-term finance, commercial and semi-commercial mortgages and loans, auction finance and development funding throughout mainland UK. It possesses a loan book of over £6.8bn.

Through the partnership, Together will deploy nCino’s single platform across all its core services, such as regulated residential and buy-to-let mortgages, commercial loans, bridging facilities, and development finance.

Together chief transformation officer Andrea Dalton said: “We’ve been helping people achieve their property ambitions for fifty years, and with nCino’s support we will continue to deliver on that mission with added efficiency, speed and agility.

“We currently originate over £200m in loans every month and, with nCino, we’re excited to scale and become more efficient through digital consolidation, enhanced risk management and a more modern customer experience.”

nCino’s single software-as-a-service (SaaS) platform helps financial firms catering to corporate and commercial, small business, consumer, and mortgage clients to transform operations.

It also enables financial institutions to effectively onboard clients, make loans, manage the loan lifecycle, and open accounts.

nCino EMEA managing director Charlie McIver said: “We’re excited to partner with Together on this transformation programme.

“Working with our proven technology and system implementation partners, we look forward to delivering a strategic digital lending platform across all of Together’s core products that will help the lender grow and best meet the needs of its colleagues and customers.”

In October last year, customer lifecycle intelligence (CLI) platform FullCircl partnered with nCino to provide small and medium-sized enterprise (SME) lenders with data-driven experiences.