AFS is 50 / Celebrating 50 Years

Celebrating 50 Years

Looking Back as AFS Celebrates 50 Years

Each week, we are looking back at key moments in our history.

				5/28/20: Started almost a decade ago, bankers have come to depend on the AFS #CommercialLoanPricingTrendsNewsletter. Pulling from a database of more than $1.2T exposures and 80k loans/qtr, it has become "the only publication people read more than the WSJ for industry trends." #AFS50
5/21/20: In 1989 “big banks” were seeking vendors for their “business loan systems” and “in most cases, the vendor is Automated Financial Systems.” AFS has grown since 1989, but one thing is the same, when banks need the latest in #CommercialLending innovation, they turn to AFS. #AFS50				5/14/20: Even before we officially began offering consulting services, AFS clients knew we offered more than innovative #CommercialLending solutions. Over 50 years, we have earned our reputation as a trusted partner, helping our clients prosper despite any challenges. #AFS50
5/7/20: In 1996, AFS was recognized for a “sophisticated ability to do total risk exposure on commercial loans,” crucial information when expanding portfolios in any commercial lending segment. Then and now, #AFSTransforms #CommercialLending with solutions that help banks grow.				4/30/20: Today is a AFS Throw Back Thursday 50 years in the making! Yesterday, #TeamAFS rallied at home to celebrate 50 years of innovation by wearing their favorite “throw back” 70s look and AFS gear to show AFS pride and say "Happy Anniversary AFS!"
4/23/20: Over 50 years, we’ve more than earned our reputation as a trusted partner, successfully helping clients through mergers and all other types of challenges. We know that when our clients succeed, we succeed. #AFS50				4/16/20: This AFS Throw Back Thursday, we're looking way back at #TeamAFS! We asked for people's best "then" pictures, and then had a great time trying to match them with their "now" look. Just because we're working remotely, doesn't mean we're also not having a little fun! #AFS50
4/9/20: AFS has always known that to be a true partner, we need to do more than “just” sell banks our solution. In 1994, we formalized this concept with outsourcing options for clients. Today, we’re still here to help – in whatever way you need. #AFS50				4/2/20: AFS has a long history of helping banks boost their SyndicationsLending business. In 1998, we were already leading the way in syndications management innovation, and we haven’t stopped since! #AFS50
3/26/20: For decades, banks have turned to AFS for innovative solutions and actionable insights. In 1995, AFS was the “one-stop solution for revenue leakage,” and the same is true today. With AFSVision and AFS Business Intelligence you can “stop the leaks” before they begin. #AFS50				3/19/20: AFS has always been at the forefront of making sure its systems, and clients, are ready to handle the ever-evolving regulatory and accounting needs of #CommercialLending…before they occur. Today, AFS is leading the way with #LIBOR and #SOFR. #AFS50
3/12/20: In 2000, AFS revolutionized #CommercialLending once again by bringing it “to Net speed” with AFSCommerce. Since then, we’ve become the largest private cloud-based provider for commercial banking in the U.S. And we’re not done innovating yet! #AFSTransforms #AFS50				3/5/20: This week we’re “throwing it back” to the AFS Leadership Summit 2019! Every year, industry leaders gather to discuss trends, learn about the latest AFS innovations, and network with peers. See what it’s all about! #AFS50
2/27/20: In 1990, AFS was known for its creation of modern banking software, and was about to solidify that role by joining forces with Littlewood, Shain, & Co., a merger that meant bringing even more innovative services to the industry, then and now! #AFS50				2/20/20: AFS is always ready when banking changes, always innovating to stay ahead of the latest trends. In the 90s, it was interstate banking, a massive wave of bank consolidations, and the need for a “winning strategy” – a strategy AFS provided, then and now!
2/13/20: 50 years ago, AFS had a vision for the future of lending management. 20 years ago, we had a Vision for Creative Banking. Today, AFSVision provides real-time, straight-through processing with true digital transformation. Imagine what we’ll think of in the next 50 years.				2/6/20: Did you know that 2000 was a Leap Year, too, and just one of the challenges banks were facing with their systems with Y2K? Then and now, we work closely with clients to help them through any challenge...from this new millennium to the next!

1/30/20: In 1994, we took automating #CommercialLending to the next level with integration functionality that meant increased processing efficiencies. Today with AFSVision, we've improved efficiencies even more with real-time, straight-through processing.				1/24/20: In October 1987, this article discussed the flexibility of AFS Level III and the expertise of the AFS staff during a client conversion. 33 years later, AFS continues to have the strong experience necessary to help our clients navigate the changing banking world.

1/16/20: In February 1990, AFS announces the history-making loan approval automation features available in AFS Level III. AFS was at the forefront of automating the very time-intensive and costly loan approval process!				1/9/20: Looking back at key moments in our history as AFS celebrates 50 years! In 1991 we expanded our capabilities as a comprehensive loan management system—now realized with AFSVision. AFS has always had the vision to see the future and the experience to get you there!

AFS Employees are Joining in the Celebration

In honor of our 50th anniversary, TeamAFS is gearing up for a year of celebration with AFS Spirit days held every month.



On 1/30, AFS team members from all over the company dressed in their favorite work out gear to show we’re ready to make this the best year ever.	On 2/2/28, #TeamAFS got into the spirit of celebration last Friday, donning their craziest socks to have some fun for the 50th year of AFS! #AFS50

3/30: Groovin….on a Monday afternoon! To continue the celebration of our 50th anniversary, staff from AFS showed their inner hippie with their best psychedelic look! While we've been quarantined, our annual celebration hasn't! #AFS #50years

AFS deploys its knowledge and technology resources to solve bank problems, defined as broadly as need be. Since 1970, AFS has never stopped innovating, investing over 25% of annual revenues on product development and enhancements —more than any competitor—to maintain a market leadership position.

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