afb Application Services AG expands its consulting services

Munich, 20 May 2015 – afb Application Services AG (afb), a leading European full-service provider for the optimisation of financing processes of banks and leasing companies, is expanding its consulting services with a focus on process, business and IT consulting due to strong demand.

Financial services providers these days find themselves uncomfortably caught between innovation and cost pressure. Digitisation fosters new business models developing at an enormous speed, which attracts new competitors in the market. Previous processes, IT architectures and structures must be adapted to the changed market and competitive environment in order to achieve sustainable success. A major challenge for financial services providers is the transformation of process changes in business and IT architectures and appropriate integration of innovations with regard to realigning business models. Innovation and information technology become explicit value drivers.

In more than two decades of market experience and numerous projects with financial services providers, afb has gained extensive knowledge with regard to customers´ processes, products and best practices, and has successfully applied its own expertise in the form of hands-on and value-based concepts to increase the efficiency of business processes.

The consulting services offered by afb focuses on a range of services optimally matched to the core processes of financial services providers. These core processes are analysed and optimised regarding for instance customer satisfaction, turnaround times, degree of automation, quality, risk and conformity with compliance. The consultants at afb come equipped not only with the methodological toolbox, but also expertise in current technologies and an existing network of partners consisting of specialised companies.

"The experience of recent years has shown us how high the demand for expert advice in these areas is. Our customers benefit from the identification of possible potential to optimise personnel and material costs as well as for enhancing quality and yields. Furthermore, they get transparency on the change process and its impact. “We supply solutions that are both efficient and pragmatic,” said Enrico Moritz, Manager Business Development and Consulting at afb.

The consulting services offered by afb will also be the topic at this year's afb Market and Innovation Event 2015 under the heading “Digital Transformation: Success Factors and Best Practices”. The event will take place at the Hilton Munich Airport on 21 May 2015. For more information, please visit www.afb.de/mie2015

About afb Application Services AG

Based in Munich, afb Application Services AG has been optimising the financing operation of banks and leasing companies since 1995. A full-service provider, afb offers a customer- and project-specific mix of process, specialist and IT consulting, projects based on the afb Credit Management Solution, application and infrastructure management, business process management and outsourcing. Its innovative solutions enable companies to automate the entire credit process – from quotation to application with fully automated credit decisions and processing, through to contract management. Well-known companies from the financial services sector make use of the solutions offered by afb internationally to generate a significant percentage of their turnover.

To find out more, please visit www.afb.de

Inquiries

afb Application Services AG
Sylvia Hengstler
Senior Marketing
Tel: +49 (89)78000-353
presse@afb.de