Automated Systems, Inc. (ASI), a provider of core banking solutions for community banks, announced its acquisition of American Bank Systems (ABS), a trusted name in compliance-focused software solutions for U.S. community banks. The transaction was supported by Banyan Software, a leading acquirer and permanent home for great software businesses.
Founded in 1969, ABS began by providing standardized loan forms tailored to the unique needs of community banks in Oklahoma. ABS’s flagship solutions, CoPilot and BankManager, are used to automate loan origination and document management processes, ensuring compliance with complex state and federal banking regulations.
As part of the acquisition, ABS will be integrated into ASI’s operations to deliver a unified, best-of-suite experience for customers and will be part of Banyan Software’s growing Financial Institutions Group (FIG). Banyan Software’s operational expertise will play a key role in integrating ABS into ASI’s infrastructure while unlocking new opportunities.
About American Bank Systems (ABS) American Bank Systems (ABS), headquartered in Oklahoma City, OK, delivers compliance-focused software solutions tailored to the needs of community banks. With flagship products like CoPilot and BankManager, ABS helps financial institutions automate loan origination and document management, ensuring accuracy and efficiency. For more information, please visit americanbanksystems.com
About Automated Systems, Inc. For over 40 years, Automated Systems, Inc. has been providing core data processing and teller management solutions to community banks. Our relationship-focused approach, combined with our deep understanding of the community banking industry, enables us to deliver user-friendly and customer-focused products. The Insite Banking System™ is a flexible, Windows-based core banking platform that allows banks to meet current and future demands. Our experienced staff is dedicated to providing superior service and support to ensure seamless operations for our clients. For more information, please visit: asiweb.com.
About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. Banyan’s mission is to acquire, build, and grow great enterprise software businesses all over the world with dominant positions in niche verticals. Founded in 2016, the company follows a buy-and-hold-for-life strategy, and is set up with a permanent capital base to preserve the legacy of founders. As a purpose-driven company, Banyan is committed to making an enduring, positive impact on the world. The company is one of North America’s fastest-growing private businesses with offices across the US, Canada, the UK, EU and APAC.
