• AFS is 50
    • Celebrating 50 Years
  • COVID-19 Info
    • AFS System Readiness
    • COVID-19 Update Webinars
    • Insights from AFS Business Intelligence
    • LIBOR Transition
  • Solutions
    • AFSVision
    • Commercial Lending
    • Commercial Real Estate
    • Small Business
    • Capital Markets
    • Client Success Stories
    • LIBOR to SOFR
    • Tools for Transformation
    • Value in Transformation
    • Delivery Options
    • Security
  • Business Intelligence
    • Pricing Services
    • Portfolio Analytics
    • Common Borrower Analysis
    • Risk Analysis Service
  • News & Events
    • Blog
    • AFS Global Insights
    • Articles
    • Events
    • Press Releases
    • Regulatory Updates
    • Videos
    • Webinars
    • Webinar Archives
  • Careers
    • Career Opportunities
    • Life at AFS
    • Benefits
  • About AFS
    • Discover the Advantage of AFS
    • What Makes Us Different
    • Our Clients
    • Our Culture
    • Our People
    • Our Community
    • Alliances
  • Contact Us
    • Communications Preferences
    • Directions
  • Global
  • Sign In
In order to provide complete functionality, this web site needs your explicit consent to store browser cookies. If you don't allow cookies, you may not be able to use certain features of the web site including but not limited to: log in, buy products, see personalized content, switch between site cultures. It is recommended that you allow all cookies.
News & Events / Press Releases

Automated Financial Systems, Inc. Announces $300 Billion Record Volume

Release date: 9/26/2018

Exton, PA—September 26, 2018—Automated Financial Systems, Inc. (AFS), is pleased to announce that AFSCommerce®— our secure hosted private cloud-based offering for loan processing — reached a record level in loans processed, according to John H. Shain, President of AFS. Since its inception, this market-leading AFS hosted solution has continued to show impressive year-over-year growth, expanding from an initial $3 billion processed to the recent $300 billion record.

Fifteen years ago, AFSCommerce was developed as an alternative delivery channel to our traditional Commercial loan processing software license model in order to support the specific and varied growth-oriented business models of our customers. Over the past few years, the flexibility of the hosted private cloud offering has been adopted by a wide range of participants, including specialty lending, new market, and new product offerings, as well as full Commercial loan processing for global banks, money center banks, large regional banks, specialty lenders, and commercially-focused community banks. 

With AFSCommerce, AFS Business Intelligence Solutions, and AFSVision®, the real-time, digital enabled multicurrency and multilingual product that supports all lines of business for Commercial banking, from Small Business to Syndications and Sales and Trading, AFS provides a suite of solutions that enable accelerated growth. As one customer said, “The ultimate benefit of AFSVision is having one version of the truth for all stakeholders to manage across all lines of business consistently, allowing our bank to confidently execute against target markets and strategies, officer coverage rations, pricing discipline and credit strategies, monitoring accountability and having real-time alerts to manage exceptions to bank policies.”

“All of our customers have grown their business and commercial assets by leveraging and applying our technology, agile support services, market-leading benchmarking and knowledge, our customers double their portfolios approximately every five years,” Shain said.

About Automated Financial Systems, Inc. (AFS)
AFS is the global leader in providing real-time, straight-through processing commercial lending solutions to the world’s top-tier institutions. Solely dedicated to the financial industry, AFS is uniquely positioned to understand our client’s business and technology objectives, evidenced by our solutions processing more than $2.2 trillion in commercial, CRE and consumer loans daily. AFS is headquartered in Exton, Pennsylvania, with a subsidiary office in Vienna, Austria. Please visit www.afsvision.com.

  • Blog
    • Keep the SOFR Momentum Going!
    • Lending in the Time of COVID-19
    • Let’s Talk About SOFR
    • Stay on Track for LIBOR Transition
    • Success in Transformation
    • 4 Key Elements for Commercial Lending Transformation
    • 5 Reasons to Transform Your Commercial Lending Business
    • Getting Real about Real-Time in Commercial Lending
  • AFS Global Insights
  • Articles
  • Events
  • Press Releases
  • Regulatory Updates
  • Videos
  • Webinars
  • Webinar Archives
AFS C&I Pricing Trends Newsletter


Read the latest C & I Newsletter which focuses on new / renewed volume, risk, spread pricing and fees.

We have Solutions for your Challenges

Request a Demo Contact Us

Solutions

  • Overview
  • AFSVision
  • Commercial Lending
  • Small Business
  • Commercial Real Estate
  • Capital Markets
  • Client Success Stories
  • Business Intelligence
  • News & Events
  • Careers 
  • About AFS
  • My AFS

Contact

  • US: +1 610 524 9300
  • EU: +1 484 875 1250
  • replyto@afsvision.com

Updates

You'll get useful industry information, AFS Industry events, AFS company and product information and much more.

Join

2020 Automated Financial Systems, Inc. All Rights Reserved.

AFS and all AFS product trademarks are registered trademarks of Automated Financial Systems, Inc.

  • Privacy Policy
  • Legal Notice
  • AFS is 50
    • Celebrating 50 Years
  • COVID-19 Info
    • AFS System Readiness
    • COVID-19 Update Webinars
    • Insights from AFS Business Intelligence
    • LIBOR Transition
  • Solutions
    • AFSVision
      • What’s New with AFSVision?
        • AFSVision Feature Custom Fields Registration
        • Commitment Hierarchy Registration
      • What's Important to You
      • Origination
      • Workflow
      • Accounting
      • Servicing
      • Exceptions
      • Reporting
      • Implementation
    • Commercial Lending
    • Commercial Real Estate
    • Small Business
    • Capital Markets
    • Client Success Stories
    • LIBOR to SOFR
    • Tools for Transformation
    • Value in Transformation
    • Delivery Options
      • Getting Started
      • Continuing Service
    • Security
      • Certified Secure
  • Business Intelligence
    • Pricing Services
    • Portfolio Analytics
    • Common Borrower Analysis
    • Risk Analysis Service
  • News & Events
    • Blog
      • Keep the SOFR Momentum Going!
      • Lending in the Time of COVID-19
      • Let’s Talk About SOFR
      • Stay on Track for LIBOR Transition
      • Success in Transformation
      • 4 Key Elements for Commercial Lending Transformation
      • 5 Reasons to Transform Your Commercial Lending Business
      • Getting Real about Real-Time in Commercial Lending
    • AFS Global Insights
    • Articles
    • Events
    • Press Releases
    • Regulatory Updates
    • Videos
    • Webinars
    • Webinar Archives
  • Careers
    • Career Opportunities
    • Life at AFS
    • Benefits
  • About AFS
    • Discover the Advantage of AFS
    • What Makes Us Different
    • Our Clients
    • Our Culture
    • Our People
    • Our Community
    • Alliances
      • IBM
  • Contact Us
    • Communications Preferences
    • Directions
  • Global
  • Sign In