Automated Financial Systems, Inc. Uses Kyndryl to Enable Customers to Access Real-Time Loan Processing Software in Any Environment

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NEW YORK, November 4, 2021 / CNW / – Kyndryl (NYSE: KD), the new independent company listed on the New York Stock Exchange, today announced that Automated Financial Systems, Inc. (AFS), a global leader in commercial lending to financial institutions industry-leading company, is working with Kyndryl to containerize its commercial lending software to allow clients to run it anywhere.

Kyndryl is focused on providing the most advanced business solutions to customers in more than 60 countries. Kyndryl is investing in new partnerships with the world’s leading technology organizations and cloud hyperscalers. The joint solutions developed from these partnerships, in areas such as AI, 5G, advanced computing, hybrid cloud and security, enable customers to tackle their most pressing business goals of modern way.

As many financial industry customers migrate to cloud-based platforms, AFS turned to Kyndryl to leverage RedHat’s OpenShift to containerize AFSVision so that it can run across multiple cloud environments. The move will give customers more options as to where they want to run the software – from private or public cloud environments, regardless of the vendor. With the increase in access options to AFSVision, AFS is expanding its US customer base and tapping into new global markets with the benefit of multiple cloud delivery options.

“AFS innovates on a daily basis to keep customers in touch with the latest features and analytics,” said Jean Dubil, Chief Technology Officer, AFS. “Our average customer has been with us for over 20 years and trusted us to grow with them from era to era. Kyndryl has been an incredible partner to us for over a decade, helping our business grow to deliver. the most efficient and stable, and the safest products. “

“As financial services companies increasingly migrate to the cloud, we know it is essential that these migrations provide operational stability, security, scalability and cost reduction, all within the framework of regulatory compliance,” said Harish Grama, head of cloud practice at Kyndryl. “Kyndryl’s technology, global reach and industry expertise can help these companies along their digital transformation journey, no matter what stage they find themselves in. ”

Based at Exton, Pennsylvania, AFS is a leader in credit and risk management solutions. Their AFSVision software provides two-thirds of America’s 25 largest banks with real-time, fully integrated, full-service, 24-hour loan processing capabilities.

About AFS
AFS is the global leader in providing digital, real-time, end-to-end lending solutions to the world’s leading institutions. Uniquely dedicated to the financial sector, AFS is ideally positioned to support the business and technological objectives of our clients, as evidenced by our solutions addressing more than $ 2.5 trillion in loans to small businesses, businesses, CREs, wealth management and syndicated loans on a daily basis. AFS clients have achieved measurable results in terms of customer expansion, increased revenues and efficiencies that outperform their competitors. AFS is headquartered in Exton, Pennsylvania, with an office at Brussels, Belgium. Please visit www.afsvision.com.

About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure provider. The company designs, builds, manages and modernizes the complex and critical information systems on which the world depends every day. Kyndryl’s 88,449 employees serve more than 4,000 customers in more than 60 countries around the world, 75 percent of which are Fortune 100 companies. For more information, visit www.kyndryl.com.

SOURCE Kyndryl

For more information: Kyndryl media contact: [email protected]; AFS media contact: René Baron Coady, [email protected], http://www.kyndryl.com

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http://www.kyndryl.com


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