Brad Hansen, President and CEO of Visible Equity

US-based nCino has announced that it has acquired Visible Equity, financial analytics and compliance software company based in Salt Lake City, Utah. This strategic acquisition will help nCino to further drive and accelerate transformation in financial services.

Founded in 2008, Visible Equity is a software as a service (SaaS) company that provides portfolio management, analytics and compliance solutions to banks and credit unions. The combination of Visible Equity’s advanced analytics software with nCino’s brings new functionality and benefits to end-users, including portfolio management and regulatory compliance.

Brad Hansen, President and CEO of Visible Equity “Joining the nCino team is the right move for us and a natural fit, we share with them a passion for innovation, a laser-focus on customer success and a commitment to culture. A key driver of our desire to become part of the nCino family is their industry-leading Bank Operating System and ability to support a global client base of the enterprise, regional and community financial institutions. We’re excited to share our insights and experience and look forward to further transforming financial services together.”

Visible Equity and nCino will continue to offer their products separately to the market, the two platforms will become fully integrated to provide their clients cloud-based experience, as well as portfolio management and regulatory compliance platform services.

Recently, nCino announced that Ohio-based Westfield Bank has selected nCino’s Bank Operating System to automate and streamline its banking processes and provide customers and employees with a seamless end-to-end experience.

by Megha Bhattacharya
Market Analyst at IBS Intelligence