nCino Spring ‘23 Release Highlights

As a top nCino consulting partner, we’ve taken the time to review the Spring ‘23 release to share the highlights with you. Please reach out to us to discuss how your financial institution can leverage these updates to enhance your efficiency.

Release Timing

Release NameSandbox Installation DateProduction Installation Date
Spring 2023 Major ReleaseMarch 24, 2023 (8:00 AM ET)April 22, 2023 (8:00 AM ET)
Spring 2023 May UpdateMay 12, 2023 (8:00 AM ET)June 3, 2023 (8:00 AM ET)
Spring 2023 June UpdateJune 9, 2023 (8:00 AM ET)July 8, 2023 (8:00 AM ET)
Spring 2023 July UpdateJuly 14, 2023 (8:00 AM ET)August 12, 2023 (8:00 AM ET)
Spring 2023 August UpdateAugust 18, 2023 (8:00 AM ET)September 16, 2023 (8:00 AM ET)
For more details, view the automatic updates calendar and the deployment schedule.

Release Highlights

LaserPro API (US)

Applies to: Commercial, Retail, Small Business

We’re not going to lie, when we learned that a LaserPro API was in the works for the Spring release, this was our reaction.

Finastra’s LaserPro is one of the most prevalent software solutions for loan documentation preparation.  nCino’s LaserPro integration was previously flat, requiring users to export a file from nCino and manually upload that file to LaserPro.  There was no flexibility with updating the extract file.  The Spring release is bringing new life to the Document Preparation Integration with Finastra’s LaserPro Cloud Connect API and we’re here for it!

Flood Services Integration | CoreLogic Flood (US)

Applies to: Commercial, Retail, Small Business

With the Spring release we also get the option to leverage a new productized integration with CoreLogic! This productized integration will allow authorized users to request and manage flood determinations for loans in all 50 U.S. states and territories. The integration automates the capture of flood certification and flood map documents from one of the leading flood service providers in the U.S.

Smart Checklist (Global)

Applies to: Commercial, Retail, Small Business

Administrators can now configure a system property to prevent requirement syncs for specific users. Additionally, administrators can specify which user’s record activity should not trigger auto-generation.

Customer Engagement (Global)

Applies to: Retail, Small Business, Mortgage UK

nCino has put a heavy focus on accessibility for both the platform environment as well as their customer portal experience.  Here are a few of the usability enhancements we’re excited about this Spring: 

  • Salesforce State and Country/Territory picklist support
    • nCino’s Ideas community gives customers and partners the ability to share their ideas with nCino for improvements to the platform and we’re proud that an idea from our own nCino Community Champion, Nicolette Barbitta, is included in this release.  
    • Gone are the days of having to create a custom State and Country picklist field to map to the standard Salesforce address fields.  With support for the Salesforce State and Country/Territory picklist admins can now leverage all standard Salesforce address fields across the platform leveraging the Salesforce State and Country/Territory picklists.
  • Address Autocomplete for text fields in online applications for loan and deposits. As users enter text, the system returns address location predictions in the form of a drop-down picklist
Conditions (Global)

Applies to: Commercial, Small Business, Mortgage UK

Leverages Smart Checklist feature and allows financial institutions to associate, assign, and monitor conditions on a loan. Conditions feature interacts with both Document Manager and Document Generation, retrieving loan conditions and automatically adding them into financial institutions’ official documents such as credit memos or offer letters.

Users can now:

  • Add conditions to a loan from three templates:
    • Conditions that the financial institution predefines
    • Conditions that require the user to complete certain parameters
    • Custom conditions that provide flexibility for users to create conditions from scratch
  • Set condition type to Precedent (pre-booking) or Subsequent (post-booking). 
  • Assign conditions to a user, a role, or a queue and establish conditions’ due date 
  • Carry out certain actions, such as extend conditions, waive conditions, upload a document in order to fulfill conditions, and delete conditions

All New Features

New FeatureApplies To
LaserPro API
New integration that allows banks more flexibility on what they are sending to LaserPro for loan documentations
Commercial, Retail, Small Business
New standardized approach to managing conditions throughout the loan origination process
Commercial, Mortgage UK, Small Business
Flood Service Integration | CoreLogic Flood (US)
New integration which allows authorized users to request and manage flood determinations for loans in all 50 U.S. states and territories.
Commercial, Retail, Small Business
Instant Verification Integration | LexisNexis Instant ID (US)
Integration that pulls instant business verification reports to aid in Know Your Customer (KYC) and Customer Identification Program (CIP) programs.
Commercial, Small Business
Small Business Administration (SBA) E-Tran Portal (US)
Allows financial institutions to submit SBA loan guaranty requests from within the nCino Bank Operating System.
Small Business
Each new feature has been hyperlinked for more details.

All Enhanced Features

Enhanced FeatureApplies To
Accessibility (Global)Commercial, Retail, Small Business, Mortgage UK
Automated Booking Integration | Legacy jXchange™ (US)Commercial, Retail, Small Business
Automated Spreading (Global)Commercial, Small Business
Collateral Management (Global)Commercial, Retail, Small Business, Mortgage UK
Commercial Pricing and Profitability (Global)Commercial, Small Business
Credit Analysis: Debt Schedule Within Schedules (Global)Commercial, Small Business
Credit Analysis: Schedules (Global)Commercial, Small Business
Credit Analysis: Spreads (Global)Commercial, Small Business
Credit Analysis: Template Migration (Global)Commercial, Small Business
Credit Memo (Global)Commercial, Small Business
Customer Engagement (Global)Retail, Small Business, Mortgage UK
Deal Proposal (Global)Commercial, Small Business
Compliance Systems (US)Commercial, Retail, Small Business
Wolters Kluwer (US)Commercial, Retail, Small Business
Handover Loans (Global)Commercial
HMDA Automation (US)Commercial, Retail, Small Business
Loan Origination System (Global)Commercial, Retail, Small Business
Memo (Global)Commercial, Small Business, Mortgage UK
nCino’s Document Generation (Global)Commercial, Retail, Small Business, Mortgage UK
Small Business Administration E-Tran Portal—USSmall Business
Automated Small Business Loan Scoring for Online Application (US)Commercial, Retail, Small Business, Mortgage UK
Smart Checklist (Global)Commercial, Retail, Small Business, Treasury Management
Treasury Management (US)Treasury Management
Purchases and Refinances (formerly TRID Tolerances) (US)Commercial, Retail, Small Business, Mortgage UK
Vehicle Valuations Integration | JD Power—USCommercial, Retail, Small Business, Mortgage UK
Each enhanced feature has been hyperlinked for more details.

Want to learn more about any of these features or how you can use them best for your institution? Please send us a message.

Also, Zennify will be at nSight ‘23 as a Silver Sponsor. Stay up-to-date on our exclusive events.

Written By:

Share this article