Metropolitan Commercial Bank provides banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities
Automated Financial Systems selects Metropolitan Commercial Bank. (Credit: Glenn Carstens-Peters on Unsplash)
Automated Financial Systems, Inc. (AFS) announced today that Metropolitan Commercial Bank (the “Bank”) (NYSE: MCB), is the latest bank to choose AFSVision as their modern commercial lending platform.
“AFSVision is one of the leading commercial lending platforms on the market, and it is well suited to accelerating our Core Banking Modernization project.” said Dixiana Berrios, Executive Vice President and Chief Operating Officer at Metropolitan Commercial Bank. “In addition to meeting all our current needs, this platform will enable us to execute our ongoing and future strategic initiatives. Metropolitan Commercial Bank’s expertise and experience will enhance AFSVision’s implementation, enabling continued growth, improved client experience, higher profitability, and stronger risk management.”
AFSVision is the next-generation platform in commercial lending systems offered by AFS. An integrated solution for all commercial lines of business, its innovative open API design supports end-to-end processing with a unique suite of integration capabilities. AFSVision provides advanced servicing capabilities including dashboards, workflows, accounting, pricing flexibility, collateral management, escrow servicing, exposure tracking, graphical data visualizers with a built in data analytic tool. Enabling real-time management of any size commercial lending portfolio, AFSVision provides a unified banking experience, empowering financial institutions with 24/7, digital and mobile, real-time access to better serve their customers.
“We are excited to partner with MCB and honored AFSVision’s modern, next-generation capabilities will play a critical role in their digital transformation initiative,” said Rick Bare, CEO and President of AFS. “AFSVision is perfectly aligned with MCB’s priorities and will enable the Bank to focus on their core business while streamlining processes, creating efficiencies, and enabling first class customer experiences—now and into the future. We believe the ability to support MCB further demonstrates our goal of offering a sophisticated commercial loan system to regional-sized institutions.”
Source: Company Press Release