AFS Unveils IRIS: A Revolutionary Reporting Tool Integrated with AFSVision

EXTON, Pa., April 30, 2025 /PRNewswire/ -- Automated Financial Systems, Inc. (AFS^®) announced today the launch of IRIS, a cutting-edge reporting tool embedded within the AFSVision^® commercial lending servicing system. Designed to provide the next level of clarity into a financial institutions' commercial lending portfolio, IRIS is set to revolutionize the way clients manage their data and reporting needs.

"The development of IRIS started with extensive discussions with clients and partners to understand their current reporting practices and pain points" commented Rick Bare, CEO and President of AFS. "Based on these insights, AFS created IRIS to offer a comprehensive reporting option fully integrated within the AFSVision system. We are confident that having an integrated reporting tool within AFSVision will lessen our customers' dependence on centralized data warehouses and significantly accelerate access to the critical information our clients need to run their businesses."

IRIS, available in AFSVision, Release 3.8, offers an easy-to-use, build your own reporting and dashboard capability. This build your own feature is seeded with hundreds of possible data points – covering both financial and indicative data – from the servicing system, providing summarized views as well as the underlying transaction-level obligor and obligation data. IRIS also comes with a robust set of pre-configured reports and starter-set of dashboards. These "decision-ready" dashboards alert the user to the information they need to act on – adverse trends, significant borrower events like maturities and delinquencies, and other items that affect borrower performance and portfolio quality. IRIS also surfaces significant data history, important for trending analysis and deciphering patterns in borrower activity and portfolio composition.

At this year's AFS Summit, IRIS was officially unveiled to a record-breaking audience. The AFS Summit is one of the commercial lending industry's premier events, bringing together leading financial institutions and industry experts to discuss the key trends impacting commercial lending. Showcasing IRIS' unique ability to provide a lens into the commercial portfolio with a clear focus, this revolutionary new offering was met with enthusiasm from the attendees.

Rick Bare noted that "the client feedback has been extremely positive. After discussing their challenges in accessing reliable data from centralized databases, we heard over and over after the reveal that they see IRIS as a solution to these challenges, providing a trusted and easy-to-use reporting and analytics solution."

About AFS

AFS is the global leader in providing real-time, lending solutions to the world's top-tier institutions as well as regional and de novo clients. Solely dedicated to the financial industry, AFS is uniquely positioned to support our client's business and technology transformation, evidenced by our solutions processing more than $3 trillion in small business, commercial, CRE, wealth management, and syndicated loans daily. AFS clients have achieved measurable results in customer expansion, revenue increases and efficiency gains that outpace their competition. AFS is headquartered in Exton, Pennsylvania, with an office in Vienna, Austria. For more information, please visit afsvision.com.

Rene Baron Coady, AFS
Director of Marketing
[email protected]
+1 484 875 1120

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SOURCE AFS