WILMINGTON, N.C.--(BUSINESS WIRE)--nCino, the leader in secure, cloud-based operating solutions to the financial services industry, has hired its 100th employee, Tom DiVittorio, as chief product officer. DiVittorio comes to nCino after holding several leadership positions at Salesforce. His more than 20 years of technical architecture and product development experience has been acquired through previous roles in technical consulting, platform sales and most recently as global vice president responsible for independent software vendor (ISV) partners and channels enablement.
As nCino’s chief product officer, DiVittorio is responsible for overall product strategy, architecture and delivery. His background in spearheading product roadmaps as well as driving new product innovation at leading financial management and advisory companies, such as Accenture and Merrill Lynch, will be an invaluable addition to nCino’s executive team.
“nCino’s culture is built around the former bankers that make up a majority of its workforce,” DiVittorio said. “I am excited to share my knowledge with a company that has a unique, proactive approach to banking and whose technology platform is becoming the de facto standard for how banks and credit unions operate.”
DiVittorio’s hire, just one of the company’s 2014 milestones, supports nCino’s emphasis on product development and innovation. He is already starting to expand on the latest enhancements to nCino’s Bank Operating System, which include tying workflow and reporting into collateral management. This enables management to oversee collateral from a central location across multiple loans and track the lien’s history as well as how collateral values are trending.
Other recent updates to nCino’s Bank Operating System include, but are not limited to:
- Pulling documents from existing relationships and associating them to a new or alternate existing loan, wherein information such as approval history and dates are automatically populated;
- Using existing risk grading criteria to configure reports for approval overrides and calculated grades, which then pre-populate the credit memo; and
- Requesting and managing determinations, automating all flood map documents.
nCino CEO Pierre Naudé said, “Tom is an exciting addition to our team. His intricate knowledge of the Salesforce platform that is at our core, along with his financial services experience, will further propel our product development and delivery for 2015 and beyond. As we continue to expand our Bank Operating System based on industry needs and customer feedback, we are also identifying the future of banking and how we can help banks succeed in a changing environment. We will hire many more individuals like Tom who help take nCino to new heights this year.”
Wilmington, N.C.-based nCino, Inc. is the leader in cloud-based bank operating solutions to the financial services industry. Through its flagship Bank Operating System solution, nCino leverages the power of the Salesforce Platform to provide financial institutions with superior transparency and clarity into their existing loan production pipelines, portfolios and operating efficiencies across all business lines, resulting in increased profitability, productivity gains and regulatory compliance.
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