Automated Financial Systems (AFS) Strengths, Domain Expertise, and Key Differentiators
AFSVision is a comprehensive, integrated loan platform designed to support all commercial lines of business. Its robust API-driven architecture enables seamless integration within a financial institution’s ecosystem, aligning with omnichannel strategies to deliver end-to-end, streamlined processing. Through its advanced suite of digital-enabling capabilities, AFSVision provides a globally accessible, unified banking experience. With real-time, 24/7 digital and mobile access, it empowers financial institutions to enhance customer service, drive operational efficiency, and future-proof their lending operations.
Exclusively focused on the financial services industry, AFS is uniquely positioned to support clients in their business and technology transformation initiatives. This deep industry specialization is reflected in the scale and reliability of AFS solutions, which process over $3 trillion in small business, commercial, commercial real estate (CRE), wealth management, and syndicated loans every day.
Automated Financial Systems (AFS) Recent Developments
In November 2023, AFS announced the release of Version 3.6 of its next-generation commercial lending solution, AFSVision®. This latest update introduces over a dozen significant enhancements, further advancing the platform’s functionality and reinforcing its position as a leading solution in the commercial lending industry.
Automated Financial Systems (AFS) Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Automated Financial Systems (AFS) applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Automated Financial Systems (AFS) and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified AFSVision customers.
Automated Financial Systems (AFS) Overview
123 Summit Drive
Exton, PA, 19341, United States
1 610-524-9300
Ownership: - x
Number of Employees: 400
Functional Markets: Analytics and BI, ERP Services and Operations, TRM,
Key Verticals: Banking and Financial Services,
Automated Financial Systems (AFS) Key Enterprise and Cloud Applications
AFSVision
Automated Financial Systems (AFS) Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Automated Financial Systems (AFS) Revenue Breakdown By Type, $M:
Automated Financial Systems (AFS) Enterprise Applications Revenues By Functional Markets, $M:
Automated Financial Systems (AFS) Enterprise Applications Revenues By Verticals, $M:
Automated Financial Systems (AFS) Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Automated Financial Systems (AFS) Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Automated Financial Systems (AFS) Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Automated Financial Systems (AFS) Customers
No. of Automated Financial Systems (AFS) Customers: 300
No. of Automated Financial Systems (AFS) Enterprise Applications Customers: 300
No. of Automated Financial Systems (AFS) Cloud Customers: x
No. of Automated Financial Systems (AFS) Cloud Subscribers: x
In 2024, AFS announced that Metropolitan Commercial Bank and SouthState Bank joined a growing roster of institutions selecting AFSVision as their modern commercial lending platform. This strategic choice supports their core banking modernization efforts and strengthens their existing technology ecosystems, enabling scalable growth and efficient management of complex commercial lending portfolios.
Established in 1970, AFS has garnered a robust presence in the industry, boasting over 300 active installations across the top 100 U.S. banks. Among its esteemed clientele are institutions such as Regions, U.S. Bank, Synovus, Wells Fargo, KeyBank, Zions Bancorporation, Commerce Bank, HSBC, Truist Bank, Bank of Hope, Huntington National Bank, Santander Bank, BB&T Corporation, and several others.
Automated Financial Systems (AFS) Market Opportunities, M&A and Geo Expansions
AFS has achieved a record-breaking performance with AFSCommerce, its secure, hosted, private cloud-based loan processing solution. According to the President of AFS, this market-leading solution has experienced exceptional year-over-year growth since its inception, scaling from processing an initial $3 billion to a recent milestone of $300 billion.
Automated Financial Systems (AFS) Risks and Challenges
AFS currently maintains a strong presence in the U.S. market, with limited operations in select European countries such as Austria and Belgium. The company acknowledges that broader expansion across the European Union is both a critical growth opportunity and a complex undertaking, involving significant challenges and risks. Nonetheless, AFS views this strategic move as essential for driving long-term success and strengthening its global footprint.
Automated Financial Systems (AFS) Ecosystem, Partners, Resellers and SI
In September 2024, AFS announced a strategic partnership with Tesselate, a recognized leader in corporate banking innovation and integration services. This collaboration aims to deliver transformative solutions that redefine the commercial lending landscape through enhanced technology and seamless integration.
AFS is proud to collaborate with a distinguished network of consulting and technical partners, including Kyndryl, TierPoint, 11:11 Systems, Accenture, Boston Consulting Group, Bridge2Partners, Cornerstone Advisors, Deloitte, EY, Fiserv, ICI, KPMG, PwC, SEI, Solomon Edwards, West Monroe, NTT Data, F2 Strategy, McKinsey & Company, and other respected organizations.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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