Press Releases
For more information on any AFS press releases, please contact Rene Coady, AFS Director of Marketing at +1 484.875.1120 or email at rcoady@afsvision.com.
| 2009 | |
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May 4, 2009
The Risk Management Association and Automated Financial Systems' Risk Analysis Service First Quarter Metrics Reflect Accelerating Deterioration in Middle Market Credit Quality Signs of Stress Seen in Motor Vehicle Parts Manufacturers |
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February 6, 2009
The Risk Management Association and Automated Financial Systems' Risk Analysis Service Fourth Quarter Metrics Reflect Borrowers' Elevated Utilization of Lines of Credit Borrowers drawing down lines of credit as credit conditions deteriorate |
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January 14, 2009
Risk Analysis Service to Offer Commercial Credit Risk Benchmarking for Community Banks RMA and AFS launched a Web-based benchmarking product for institutions with less than $3.5 billion in assets. Similar to their product for large institutions, eRAS will allow community banks to compare their portfolio mix and risk profile to a market-based composite. |
| 2008 | |
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November 12, 2008
The Risk Management Association and Automated Financial Systems' Risk Analysis Service Third Quarter Metrics Reflect Continued Deterioration in U.S. Middle Market Credit Quality Non-current loan levels reach 5 year highs |
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August 11, 2008
Risk Analysis Service Metrics Show Further Deterioration in U.S. Middle Market Credit Quality The industry's credit risk benchmark revealed no sign of relief as nonaccruals, delinquencies continue to rise |
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May 19, 2008
Risk Analysis Service Metrics Show Accelerated Deterioration in Middle Market Credit Quality Nonaccrual and delinquency levels reach highest levels in 4 years |
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May 6, 2008
AFS Delivers the Banking Industry's First Basel II Segment Upgrade for Lending AFS announced that it has officially shipped its Basel II segment upgrade for AFS Level III, its commercial lending system. It is the first solutions provider in the lending space to do so. |
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March 3, 2008
UniCredit Group Joins European Risk Analysis Service UniCredit Group announced today that it has joined the Risk Analysis Service (RAS), a credit risk benchmarking service developed jointly by RMA and AFS that is designed to enhance risk management practices. |
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February 19, 2008
Risk Analysis Service Metrics Show Accelerated Deterioration in Middle Market Credit Quality Construction Industry Non-accrual Levels up over 300% from year-ago period |
| 2007 | |
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November 30, 2007
RMA/AFS Risk Analysis Service Metrics Continue To Show Further Deterioration in Middle Market Credit Quality Credit Risk Benchmarking Program now offers enhanced risk rating metrics including Probability of Default (PD), Loss Given Default (LGD), and Economic Loss (EL) |
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September 25, 2007
RMA and AFS Announce Survey on Enterprise Data to Support Credit Risk Management The Web-based survey will focus on data quality and current approaches to data management |
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August 28, 2007
Risk Analysis Service Metrics Show Continued Deterioration in Middle Market Credit Quality Weaknesses most pronounced in Eastern Midwest and Southern regions |
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August 16, 2007
Automated Financial Systems and Advanced Computer Technologies to Provide Consumer Lending to Santander Automated Financial Systems, Inc. (AFS), and Advanced Computer Technologies (ACT) have teamed to provide AFSCommerce®, an enterprise-wide credit and risk management solution. |
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June 8, 2007
RMA/AFS Risk Analysis Service Confirms Rising Delinquency and Non-accrual Levels Credit risk benchmarking metrics show continued softening in construction and the real estate & rental and leasing industries |
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March 6, 2007
Softening in Commercial Real Estate Sector Indicated by RMA/AFS Risk Analysis Service Credit Risk Benchmarking Metrics Show Emerging Weakness in Construction Industry |
| 2006 | |
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December 6, 2006
RMA/AFS Risk Analysis Service Reflects Solid Middle Market Credit Quality Performance Credit Risk Benchmarking Metrics Show No Evidence of Declining Credit Quality |
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September 12, 2006
RMA/AFS Risk Analysis Service Launches Commercial Real Estate Offering Credit Risk Benchmarking Service Supports Expanded Industry Needs |
| 2005 | |
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October 19, 2005
Texas Capital Bank Selects AFSCommerce to Support Rapid Loan Growth Texas Capital Bancshares (NASDAQ: TCBI), announces that it has elected to extend its outsourcing agreement for loan servicing and processing with Automated Financial Systems, Inc. (AFS) of Exton, PA. |
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August 1, 2005
People's Bank Deploys AFS Commercial Real Estate to Service Growing Loan Portfolio People's Leverages Technology to Expand Services to Commercial Customers |
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February 24, 2005
Comerica Extends Technology in Commercial Lending Completes Major Loan System Upgrade with AFS |