AFSVision's core loan accounting is designed for the numerous challenges of lending in today's global environment, which holds the industry to higher standards of risk management. Up-to-the-minute information is available to control the risks inherent in pricing, funding, collateral values, covenants, guarantors, and counterparties. Total customer exposure is maintained in real-time across multiple bank portfolios for all types of assets-from simple stand-alone loans to complex multi-purpose, multi-currency credit facilities. Exposure includes all customer affiliations and guarantees.

AFSVision's loan accounting accommodates a diverse global portfolio with multi-bank, multi-lingual, multi-calendar, and multicurrency capabilities, enabling management of currency, market, and country risk at all times. AFSVision includes complete troubled debt accounting, including non-accrual and charge-off processing of any type of loan. Multiple pricing tranches are tracked individually within each loan with options to match fund or pool fund. Mark-to-market valuations are assigned at booking and maintained through the duration of each credit.

AFSVision tracks and automatically revalues all types of collateral, including non-negotiable instruments, real estate, and negotiable securities. Collateral can be cross-pledged to support multiple relationships with real-time margining by borrower, facility, and individual loan in compliance with Basel II credit risk requirements.

AFSVision provides complete agency servicing support for syndicated and participated deals with extensive automation for operational efficiency and customer service superiority. Agency support includes automatic notifications, financial transaction management, and all other aspects of deal administration.

AFSVision has the capability to provide securitization processing and investor reporting for all loan categories. Using AFSVision's securitization capability, a bank's portfolio managers can pool loans in any capital markets structure and sell them in the Global Asset Backed market. AFSVision securitization completely automates the general ledger entry process and cash transfer functions. Operational risk associated with removing a sold loan from a pool, depositing cash in an incorrect trustee account, or incorrectly booking an entry to the off-balance sheet Special Purpose Entity is eliminated.

Asset servicing/accounting products include:

	AFSVision™ Enables real-time management of your global lending business with multicurrency and multilingual processing in multiple time zones.
	AFS Level III™ Automates processing of any type of loan efficiently and cost-effectively Read about release 8.3
	Level III Modules Asset-Based Lending Provides the tight controls necessary to manage the credit and operational risks affliated with specialized loans requiring intensive collateral monitoring.
	Construction Lending Automates the time-consuming, manual processes of initiating, executing, and tracking complex and unique residential and commercial construction loans.
	Commercial Real Estate Enables financial service personnel to concentrate on credit issues associated with commercial lending, while ensuring all related data is accumulated in a timely manner. AFS Commercial Real Estate Lending captures the characteristics of the loan and the essential real estate information (appraisals, inspection reports, environmental studies, etc.).
	Dealer Floor Plan Supports any form of floor planning from musical instruments to vehicles on the same system. Reduces risk by utilizing built-in inventory and collateral controls, and generates revenue with its flexible pricing capability and support of extensive fee options.
	Event-Driven Fees Provides an automated means of associating a bank-defined occurrence with a pre-specified fee, enabling institutions to reduce credit and operational risk and increase revenue.
	Collections & Recovery Minimizes loan losses by utilizing an efficient workflow structure and initiates collection efforts on a timely basis. Results of collection efforts are automatically integrated in the loan accounting system speeding revenue recognition.
	Online Financial Transaction Interface (OFTI) Automatically updates the AFS Level III Accounting system with payments received and advances made to borrowers.
	Securitization™ Improves profitability of loan portfolio using turnkey packaging and brokering of securitized loans including processing of multiple pools. Read the AFS Securitization brochure
	Small Business Administration (SBA) Reporting Module The AFS Small Business Administration (SBA) Reporting Module, now available as an integrated component of the Level IIIT loan accounting system, fully automates the preparation of a bank's internal and external SBA reporting.
	Syndications The AFS Syndications system automatically sets up deals and simplifies the administration, accounting, and communication of a syndicated or participated credit. Automation of the syndication process enables staff to handle greater volumes of syndicated deals while providing superior customer support.
	Customer Set-up Products AFS Paralender AFS Paralender is the post-origination module of AFS' straight-through processing business model. Paralender automates loan setup, documentation, closing, booking, and documentation exceptions. Customized based on business rules reflecting bank policies, product definitions, user roles, and operating procedures, as well as AFS' "best practices" experience, Paralender manages loan administration workflow.
	Loan Administration Products AFS Loan Administration AFS Loan Administration provides real-time, Web-based online inquiry and maintenance capabilities to bank lending teams, credit support, and customer service staff, enabling them to respond quickly, accurately, and efficiently to customer inquiries or to process customer requests.
	AFS Touchpoint AFS Touchpoint communications presentation services, enables clients to benefit from tightly integrated personalized contacts, campaign management, and multi-channel delivery in one solution driven by AFS. With Touchpoint clients can dynamically tailor messaging to the specific demographics, product needs, and financial characteristics of individual customers using any media, including written and electronic communications such as statements, letters, e-mail, and fax.
	Exception Management Products The AFS Exception Management The AFS Exception Management system automates and controls the identification, tracking, and reporting of exceptions throughout the lending process, from origination through payoff or asset disposition. AFS Exception Management provides real-time information for proactive management of exceptions to bank policy and process, including credit policy, approval processes, collateral, covenant tracking, and documentation.