What Happened?
Exton, Pennsylvania-based Automated Financial Systems Promoted Michael Hoffman as Chief Information Security and Risk
Date of management change: January 21, 2024
Exton, Pennsylvania-based Automated Financial Systems Promoted Michael Hoffman as Chief Information Security and Risk
Automated Financial Systems, Inc. (AFS) is the industry leader in lending and risk management solutions for financial institutions. AFS provides the industry`s only fully integrated commercial lending system designed to process multiple types of loans on a single, real-time, multibank, multilingual, multicurrency system. Integral to the core AFS lending solution is its unique straight-through processing capability encompassing the lending process from Origination through Servicing. Experience and excellence are reflected in our market leadership—evidenced through our highly effective data quality, pricing and credit risk benchmarking services. Our technical stability and scalability make us uniquely equipped to handle the complex business as well as regulatory and compliance issues that define the financial services industry. AFS professionals are dedicated to creating and delivering sustainable winning strategies for our customers. AFS has been in business since 1970, a track record that few—if any—of our competitors can match, and have more than 300 active installations at the top 100 U.S. banks. Each day, every day, AFS deploys its resources to solve bank problems, defined as broadly as need be. AFS has employees in the U.S. and abroad, each with a wealth of knowledge (technical and banking) born of experience in the field.
Michael Hoffman is Chief Information Security and Risk at Automated Financial Systems. Previously, Michael held various senior IT leadership roles in the industry.
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