AFS Performance

Solutions, Value, Responsibility is Automated Financial Systems (AFS) ongoing commitment to its clients. Never have these words had more relevance to a financial services industry inundated with demands for accountability. Sarbanes-Oxley's corporate governance oversight; Basel II's requirement for disclosure of risk control processes; the USA Patriot Act's mandates for internal money-laundering controls; the Bank Secrecy Act's reporting and recordkeeping requirements on financial transactions; the FACT Act's identity theft provisions are all placing new compliance mandates on financial institutions for increased accountability.

Like its clients, AFS is subject to the same stringent demands for accountability-to regulators, including the Office of the Comptroller of the Currency (OCC), the Federal Reserve, and the Office of Thrift Supervision (OTS)-as well as to its clients, who continue to raise the bar of expectations for their service providers. AFS readily accepts its responsibility for transparency and is pleased to share what it has done to assist clients to mitigate risk, increase revenue, and reduce costs.

	AFSCommerce®—the financial industry's only lending-focused ASP solution--has emerged as the outsourced service provider of choice. Our current loan processing volume would equivalently rank us as the sixth largest commercial banking institution in the U.S.
	Through The RMA/AFS Risk Analysis Service—banking's only industry-standard credit risk benchmark— AFS processes loan data from 50 institutions worldwide.
	At 99.9% client availability, the AFS online systems are providing unsurpassed reliability in service delivery.
	More than 10,000 Credit and Relationship Managers access the AFS reporting tools on a daily basis allowing them to manage their portfolio and customers.
	Using AFS solutions, banks are able to service more loans per FTE—achieving up to a 50% reduction in staff. AFS technology eliminates, automates or re-distributes the vast majority of the tasks performed in the back office operations.
	AFS is the only provider that has announced full BASEL II data support. AFS has a dedicated data segment for the BASEL II required data elements as well as a workflow tool specifically designed to allow the bank's Credit group to monitor, update and control the data.
	AFS maintains a successful track record of supporting the implementation, conversion and processing for large-volume, commercial lending franchises.
	Our support services team averages 10 years of banking expertise on top of its technological know-how.

AFS Clients
Read AFS client list (PDF file size 40Kb)

Where have they gone?
See which banks have converted to AFS

Business Partners
Updated on July 2008

As part of the AFSVision, AFS has chosen to reach out and integrate with many best-of-breed suppliers and delivery agents. Forging new and expanded relationships, AFS has been able to team with various business partners to create integrated new programs and solutions for customers.

For a demo or more information, e-mail us or call AFS Sales at +1 484 875 1250