Level III Loan Accounting System™
"Wachovia intends to remain at the very pinnacle of risk awareness and regulatory compliance. Wachovia is taking a pro-active response to the upcoming regulatory changes that will affect financial institutions worldwide. Not only will this upgrade (Level III, Release 8.3) support our compliance with the Advanced Management Approach (AMA) of Basel II, but we will also benefit from an ability to better manage risk, monitor total customer exposure, and improve customer responsiveness."
Robert Sontag, executive vice president of Wholesale Operations Technology at Wachovia
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Commercial | |
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Dealer floor plan | |
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Construction | |
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Commercial Real Estate | |
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Asset-based | |
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Syndicated | |
A time-tested, unfailingly accurate loan accounting system, Level III's reputation for performance as a premier loan accounting system has been well established: Of the top 15 U.S. banks, 14 are current Level III users, as are 35 of the top 50.
End-to-End Integrated Solution
Level III is the hub of the AFS fully integrated lending process. The process consists of the AFS Origination front-end, origination and workflow tools, Level III, and a powerful Web-based, reporting tool called AFS Lender Workstation. This suite of products is available either as an Application Service Provider (ASP), AFSCommerce, or through software purchase called AFSSolution.
Benefits
The AFS Level III Loan Accounting System has been designed to provide value by enabling clients to manage risk, cut costs, and generate revenue. Read more about this reliable, flexible, and comprehensive system and the latest Release, 8.3.
Read Release 8.3 brochure (PDF File 2.03 MB)