Cloud banking and digital transformation solution provider nCino has announced that RedZed, an Australian mortgage company for the self-employed, is now live on the nCino Bank Operating System. PwC Australia has been selected by RedZed as its delivery partner, to help transform RedZed’s mortgage lending process and go live on nCino’s Mortgage Solution.
By selecting nCino’s Mortgage Solution – an integrated solution that spans the entire origination lifecycle, from multi-channel application and pre-approvals through underwriting, offers, and closing – RedZed will be able to increase automation, improve loan volume, and decrease the cost of writing new loans.
nCino’s Mortgage Solution “will provide our borrowers and lenders with a personalised and integrated experience that is seamless, transparent, and simple,” said Stephen Gorman, chief credit risk officer at RedZed.
The nCino Mortgage Solution process provides RedZed with tools to remain compliant with the National Consumer Credit Protection Act 2009.
“We are proud to partner with RedZed on their digital transformation journey and help them provide a seamless experience for their brokers and customers,” said Mark Bernhardi. managing director of Australia and New Zealand at nCino.
PwC Australia worked closely with the nCino team, embedding the firm’s BXT – business, eXperience, technology – method to put innovation and experience at the core of the project delivery. The team quickly deployed the solution despite most of the work being completed remotely due to the COVID-19 pandemic.
“Strong relationships, innovation, and collaboration allowed us to deliver this project with agility and determination,” said Marvin Slocombe, engagement lead at PwC.
