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.
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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11/3/2020 - Exton, PA, November 3, 2020—Today, Automated Financial Systems, Inc. (AFS®), a global leader in commercial lending solutions to top-tier financial institutions that include two thirds of the top 25 U.S. banks, today announced that its Board of Directors has expanded its executive leadership team.
9/22/2020 - Exton, PA, September 22, 2020 — Today, Automated Financial Systems, Inc. (AFS®) announced the completion of full support for the new SOFR compounding in arrears rate methods.
8/17/2020 - Exton, PA, August 17, 2020 — Automated Financial Systems, Inc. (AFS) announced today that Santander Bank, N.A., the U.S. affiliate of Banco Santander, S.A. (NYSE: SAN), has signed on to convert to AFSVision, the state-of-the-art next-generation commercial lending system from AFS.