Japanese bank teams up with nCino and IBM to enhance business financing
TOKYO, Oct. 18, 2022. The JPY 6,361.4 billion-assetSolution to enhance its business financing, part of its journey to create a single, cloud-based platform to better serve its business clients. The implementation was successfully led by IBM Japan, due to their in-depth knowledge of the industry and track record of introducing specialized solutions to the region.
The Bank needed a solution that would automate processes, remove manual barriers and improve internal operations. Kiraboshi Bank's employees arrange many complex deals involving multiple banks and required a single, cloud-based platform to respond to their clients' diverse challenges. The nCino platform will provide Kiraboshi with key insights to deliver a faster response and streamlined experience for their banker, enabling them to better serve their customers.
IBM Japan's Yuji Sonku, Senior Partner, Financial Services, IBM Consulting, said, "IBM Japan has been supporting the digital transformation of financial institutions in the banking industry for many years. We are very pleased that we were able to contribute to the successful implementation of the nCino platform at Kiraboshi Bank and look forward to helping more Japanese financial institutions shift their lending operations to the cloud."
"We're extremely proud of the work we've done alongside IBM Japan," said Itsuki Nomura, GM of nCino's Tokyo office. "Supported by nCino's best-in-class software, Kiraboshi will contribute to the local community by providing comprehensive financial services to small and medium-sized enterprises (SMEs) and individual customers in Tokyo. 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."
*Exchange Rate: JPY 145 = USD
About nCino
nCino.
About Kiraboshi Bank
Tokyo Kiraboshi Financial Group, which owns Kiraboshi Bank, is a financial group for small and medium-sized enterprises and individual customers in the Tokyo metropolitan area. We aim to be a "comprehensive service provider that is also strong in finance" based on our management philosophy of "contributing to in the medium-term management plan that will start from April 2021, we will make a new start with the vision of "Becoming a 'platformer from Tokyo' that creates new value for customers" by leveraging the Group's comprehensive strengths. I'm here. For more information, please visit https://www.tokyo-kiraboshifg.co.jp/.
About IBM Japan
IBM Japan is a Japanese subsidiary of IBM Corporation that operates in more than 175 countries around the world. We support our clients' corporate transformation and digital transformation. For more information, please visit https://www.ibm.com/jp-en/.
Media Contacts
nCino Inc. Marketing Manager
Tomoko Nagata
info@ncino.co.jp +
81-3-6625-5122
Chikako Ueji,
External Relations, IBM Japan, Ltd.
PRESSREL@jp.ibm.com
+81-3-3808-5120
North America
Ryan Kelly
+1 732.770.5942
ryan.kelly@ncino.com
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