What type of entity can a Relationship record include in nCino?

In nCino, a Relationship record can encompass a wide variety of entities, which includes any legal structure such as Limited Liability Companies (LLCs) or Limited Liability Partnerships (LLPs). This capability allows financial institutions to manage diverse client relationships effectively, reflecting the complexity of the modern banking landscape. By supporting various legal structures, nCino ensures that banks can cater to the needs of individual clients, corporations, small businesses, and different types of organizations, providing a holistic view of all relationships a bank has. This versatility is particularly valuable in retail banking, where the clientele often includes a mix of individuals and various business entities, each requiring different service approaches and products.