How does nCino ensure accurate compliance in banking operations?

nCino ensures accurate compliance in banking operations by integrating compliance features into workflow processes. This approach allows for the automatic monitoring of compliance requirements throughout various banking functions. By embedding compliance checks directly into the workflows, the platform helps reduce human error and enhances the consistency and reliability of compliance adherence.

Integrating compliance features means that as transactions and processes move through the system, they are automatically checked against regulatory requirements and bank policies. This proactive monitoring is far more effective than relying on manual checks or periodic training sessions, as it provides continuous oversight and helps ensure that compliance measures are applied consistently at every step of the banking process.

In contrast, other methods such as offering only periodic training or relying on manual checks do not provide the same level of comprehensive and real-time support for compliance. They may lead to inconsistencies and increased risk of non-compliance. Having less documentation is also contrary to compliance needs, as thorough documentation is essential for meeting regulatory standards and ensuring transparency in banking operations.