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News & Events / Press Releases

Press Releases

We are always on the move.

AFS innovates, on a daily basis, to keep clients in touch with the latest functionality and analysis. Our press releases demonstrate this ongoing commitment to leadership and advisory services.

AFS, RMA Release Next-Generation Commercial Credit Risk Benchmarking Database: Credit Risk Navigator

7/21/2021 - Philadelphia, PA (July 21, 2021) – Automated Financial Systems, Inc. (AFS®), a leading provider of software solutions and services to financial institutions, and The Risk Management Association (RMA), a member-driven professional association focused on enhancing risk management competency, have announced the RMA | Credit Risk Navigator, Powered by AFS. The database, formerly known as the Risk Analysis Service, contains over 18 years of historical data across 50 credit risk metrics on 850,000 individual loans—and has now been upgraded with an industry-leading business intelligence capability.

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Automated Financial Systems, Inc. Announces Key Appointments to its Senior Management Team

6/29/2021 - Exton, PA, June 29, 2021— Automated Financial Systems, Inc. (AFS®), a leading provider of software solutions and services to financial institutions, today announced the appointment of two key positions: John Dubil has been named Sr. Vice President, Chief Technology Officer and Radford Laney has been named Sr. Vice President, Chief Information Officer.
 

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Automated Financial Systems, Inc. Announces Changes to its Executive Leadership Team

6/21/2021 - Exton, PA, June 21, 2021— Automated Financial Systems, Inc. (AFS®), a leading provider of software solutions and services to financial institutions, today announced the following organizational changes effective June 16, 2021: Richard Bare has been named as President and Chief Executive Officer. Melissa Hofer has been named as Senior Executive Vice President and Chief Operating Officer. Jeff Baldyga has been named as Senior Executive Vice President and Chief Administrative Officer and General Counsel. John Shain, the current President, has retired effective June 16, 2021.

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AFS is Ready for SOFR, BSBY, Ameribor, and Other LIBOR Alternative Rate Methods!

4/7/2021 - Exton, PA, April 7, 2021 – Automated Financial Systems, Inc. (AFS®) announced that
AFS Level III™ and AFSVision® are ready for all four SOFR rate methods (including Credit Sensitive Spreads and Compounding Rate and Balance), as well as processing multiple alternative rates (ex., Ameribor, Bloomberg Short-term Bank Yield Index (BSBY), Fed Funds, and Prime Rate). 
 

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      • The Good News from 2021 – Signs Point to Commercial Lending Growth
      • Make the Connection: Commercial Banking and Real-Time Payments
      • Replacing LIBOR: Understanding Your Choices
      • ESG and Data Quality
      • Keep the SOFR Momentum Going!
      • Lending in the Time of COVID-19
      • Let’s Talk About SOFR
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      • Must Haves for a Commercial Lending Solution
      • How to manage risk for a successful implementation
      • Continued Growth Despite Growing Headwinds: What 1Q2022 Showed Us in Commercial Lending
      • The Good News from 2021 – Signs Point to Commercial Lending Growth
      • Make the Connection: Commercial Banking and Real-Time Payments
      • Replacing LIBOR: Understanding Your Choices
      • ESG and Data Quality
      • 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
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