How do compliance checks operate in nCino?

Compliance checks in nCino are integrated into workflows, which means that they are automated and systematically embedded within the processes that users follow. This integration ensures that compliance requirements are addressed at various stages of a transaction or business process, minimizing the risk of overlooking important regulations and standards.

By embedding compliance checks into workflows, nCino allows for real-time monitoring and adherence to compliance protocols, helping financial institutions to maintain regulatory standards while executing transactions efficiently. This integration not only streamlines the compliance process but also enhances the overall operational efficacy of the organization, as it reduces the need for manual intervention and ensures that compliance is evaluated continuously throughout the workflow.

In contrast, manual compliance checks would not provide the same level of efficiency or reliability, optional compliance checks could lead to gaps in compliance adherence, and conducting such checks on a monthly basis may not be sufficient in fast-paced financial environments where immediate compliance is necessary.