nCino renews annual SOC 2 Certification
WILMINGTON, NC (February 19, 2014) – nCino, Inc., the leader in secure, cloud-based bank operating solutions to the financial services industry, today announced the successful completion of its annual SOC 2 Type II Assessment. Fulfilling this voluntary audit illustrates nCino’s ongoing commitment to create and maintain the most stringent controls for the protection and security of its customers’ confidential information. nCino has been SOC certified since the company’s inception in 2012.
The Type II audit, which included a detailed review and testing of the operating effectiveness of nCino’s controls, was performed by Skoda Minotti, an independent licensed Certified Public Accounting firm that specializes in conducting Service Organization Control Reports. The auditor examined nCino’s controls related to security and confidentiality commitments to its customers. nCino received a Service Auditors’ Report with a clean opinion and no exceptions were noted during testing, demonstrating that nCino’s policies, procedures and infrastructure for data protection, security and confidentiality met or exceeded the rigorous SOC 2 criteria.
“Nothing is more important to us than the privacy and protection of our customers’ data,” said Pierre Naudé, chief executive officer of nCino. “nCino’s successful completion of the service auditor’s report again this year reinforces our continued commitment to providing secure and reliable solutions.”
SOC reporting has become increasingly important for data-handling service providers since the passage of the Sarbanes-Oxley legislation, which requires a company’s business partners to have adequate internal controls. nCino’s customers can easily incorporate its SOC report into their compliance programs as proof that appropriate controls are in place.
nCino’s bank operating system grants each stakeholder within a financial institution access to relevant loan data in a single platform. With greater portfolio visibility, banks and credit unions are empowered to make better decisions that ultimately impact their bottom line.
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 small- to mid-sized 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. For more information, visit www.ncino.com.