Final answer:
The statement is false. nCino is a cloud-based platform and does not rely on on-premise mainframe servers for processing or storage.
Step-by-step explanation:
The statement is False. nCino is a cloud-based software company that provides a Bank Operating System to financial institutions. The platform of nCino leverages cloud technology and is not reliant on on-premise mainframe servers.
Instead, nCino uses the cloud to process and store information, allowing for greater flexibility, scalability, and real-time access compared to traditional on-premise solutions.
nCino is a cloud-based banking platform that does not rely on on-premise mainframe servers to process and store information. Instead, it utilizes cloud infrastructure to securely handle data and provide banking solutions. This allows for scalability, flexibility, and accessibility of information.