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.


7/30/20: RMA & AFS have a long history of providing trusted insights on pricing, risk, and data quality. In 2013, our CCAR Data Quality survey exposed a need for prioritizing data quality. Today the #CommonBorrowAnalysis service helps banks identify gaps and achieve compliance. #AFS50				7/23/20: #CommercialLending has risk. The key is to identify, understand, and plan to mitigate risk before it effects your business. AFS solutions, Business Intelligence, and expert insights have been helping our clients reduce risk for more than 50 years.
7/16/20: AFS has always known access to accurate, complete, and timely data is crucial. We’ve spent 50 years creating solutions and services critical to ensuring enterprise-wide data quality, and we’ll never stop enabling the real-time, quality data clients need to thrive.#AFS50				7/9/20: AFS has always known that a critical key to success is having the right information at the right time to make the right decision. Business Intelligence has always been a hallmark of AFS, helping banks grow by providing the insight they need to succeed. #AFS50
7/2/20: In 2003 AFS explained how important it is to have real-time information to minimize risk and exposure. In today's challenging environment, it's more important then ever. AFSVision is the industry’s only digitally enabled, real-time straight-through processing solution. #AFS50				6/25/20: “Straight-through processing” may be a familiar phrase today in #CommercialLending processing, but that’s in large part due to AFSVision, the first, and still only, STP system on the market. As was noted in 2004, “AFS is the whole system, from start to finish.” #AFS50
6/18/20: In #CRELending, accurate information is critical. AFS has always worked to give banks the data they need to “see [their] entire customer relationship and service them properly.” Today with AFSVision, real-time data means an even better customer experience. #AFS50				6/11/20: In 2000, AFS was bringing #CommercialLending management to the next level of innovation, beginning the journey that led to AFSVision, the industry’s only digitally enabled, real-time straight-through processing solution. #AFS50
6/4/20: In 2000, we delivered a world of innovation with AFSCommerce, and we still are. Already the largest private cloud-based option for U.S. commercial banking, soon clients will have a public cloud option for an even faster path to AFSVision’s digital, real-time benefits. #AFS50				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	3/27/20: Instead of bring your pet to work day, it’s "my human is working from home day!" #TeamAFS shared photos of their furry friends who were thrilled to have their humans invade “their” space to work from home. Stay safe! We are all in this together!

6/2/20: The #TeamAFS spirit is still going strong even with working remote, stay at home orders, and other unexpected events! What better way to show how we face the current challenges of COVID-19 than to show our newest accessory. Even something as simple as displaying our “mask chic” helps keep us connected during these trying times. Stay safe everyone! #AFS50 #inthistogether	7/1/20: The AFS 50th Anniversary celebration continued this month with Crazy Hat Day! #TeamAFS celebrated by donning our favorite hats. #AFS50
7/8/20: We think #TeamAFS has some of the best "mug shots" around! With favorite memories, vacations, alma maters, and sayings, our mugs run the gamut from silly to serious as we're sipping our favorite beverages. #afs50	7/30/20: The #AFS50 anniversary celebration took a patriotic turn this month, when #TeamAFS wore their best red, white, and blue to celebrate AFS and the U.S.A!

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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