Cost ManagementThe RIF and office space rationalization should drive an incremental $18mn in cost savings on an annualized basis.
Financial PerformanceNCNO delivered upside 1Q results, consistent with last week's positive pre-announcement, highlighted by stronger subscription revenue growth.
Subscription Revenue GrowthThe potential for Banking Advisor and the new pricing model to drive subscription revenue growth acceleration while noting the potential to meaningfully compress implementation timelines.