Applied Micro Technology

What Applied Micro Technology does

Applied Micro Technology, Inc. (AMT) is a privately held, Texas-incorporated software company founded in 1983 that builds on-premise banking software for US financial institutions. Its flagship platform, the Loan Quality Assurance System (LQAS), is a Windows-and-browser-based loan portfolio management system that automates document tracking, document imaging, collateral monitoring, automated loan grading with examiner-ready write-ups, CECL (Current Expected Credit Loss) calculations, stress testing, loan review, and regulatory exam preparation. The platform is deployed behind the bank's firewall on bank-owned servers using an MSSQL database, accessed through Windows clients, browser-based intranet interfaces, and an iPad mobile app. A companion product, the Deposit Quality Assurance System (DQAS), handles deposit account documentation. The platform also includes PinPoint, a loan review export tool that packages selected loans and document images for remote examiners. AMT's customers range from community banks with roughly $70 million in assets to mega-banks exceeding $500 billion, with the primary segment being $100M-$500M community institutions.

The platform incorporates more than 50 features originally developed by AMT since 1984, when founder Chris Crawford created the first commercial system for tracking loan documents. Technical capabilities include sub-second image retrieval across multi-site deployments, automated grading of an entire bank's portfolio in seconds, support for up to 1,300 collateral pieces per loan, 4,000 guarantors per customer, and a CECL model supporting up to 9,999 pools. Management is composed of former commissioned bank examiners, commercial lenders, and bank operations officers, lending domain-specific credibility to the design and to examiner-facing functionality. Two unrelated client institutions have reportedly achieved two-level CAMELS rating improvements within 18 months of deployment, an outcome described as unprecedented by former examiners.

AMT operates a direct sales model with no resellers or channel partners. New bank clients receive a 4-month free trial of the complete LQAS platform in production with full features, core system integration, training, and support, prior to any payment. Pricing is quote-based and not publicly disclosed; revenue derives from year-to-year maintenance contracts (deliberately not multi-year), professional services for implementation and custom reports, and optional add-on modules (imaging, iPad licenses, bulk scanning). The CECL model and automated grading are included as free standard features. The company is founder-owned and independently operated by Chris Crawford, with no disclosed private equity, venture capital, M&A, or parent company involvement across its 40-year history.

Name

Applied Micro Technology

Legal name

Applied Micro Technology, Inc.

Website

https://lqas.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1–10 employees

Short description

Applied Micro Technology is a privately held Texas-based software company founded in 1983 that provides on-premise loan and deposit portfolio management software (LQAS and DQAS) to US banks ranging from community institutions to mega-banks with over $500 billion in assets.

Ownership category

akta.pro rank

Product category

Loan Portfolio Management Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYFSAGAHAH

Loan Servicing Platforms (Billing, Statements, Customer Self-Service)

Financial & Insurance/Financial Technology (Fintech)/LendTech (Digital Lending Platforms & Credit Decisioning)

SECONDARYFSAGAHAD

Underwriting Automation & Income/Employment Verification

Financial & Insurance/Financial Technology (Fintech)/LendTech (Digital Lending Platforms & Credit Decisioning)

SECONDARYFSAGAHAC

Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking)

Financial & Insurance/Financial Technology (Fintech)/LendTech (Digital Lending Platforms & Credit Decisioning)

Keywords

• Loan portfolio management
• Banking software solutions
• Document imaging systems
• Regulatory compliance software
• Deposit quality assurance

Headquarters

HQ city

Cedar Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licenses and Maintenance: LQAS and DQAS software sold with year-to-year maintenance agreements (not 3-5 year contracts). Software resides behind bank firewall on bank servers. Includes core system integrations for data downloads.
2. Professional Services: Implementation services including core data download creation, system configuration, training, and custom report development. Conversion and data migration services included as part of initial deployment.
3. Optional Add-on Modules: Document imaging option available as add-on purchase. iPad app licenses available. Bulk scanning and bar coding capabilities sold as options.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Applied Micro Technology develops and sells the LQAS (Loan Quality Assurance System) — an end-to-end on-premise loan portfolio management software platform for U.S. banks and financial institutions. The platform automates document tracking, collateral monitoring, loan review, CECL compliance modeling, stress testing, automated grading with write-ups, and regulatory exam preparation, with companion DQAS deposit document management, document imaging, PinPoint loan review export, and iPad mobile access modules.

Product overview

Applied Micro Technology offers a suite of banking software solutions centered on two core products: LQAS (Loan Quality Assurance System) and DQAS (Deposit Quality Assurance System). LQAS serves as the primary platform—a comprehensive loan portfolio management system that handles document tracking, collateral monitoring, loan review automation, CECL calculations, and regulatory compliance. DQAS provides deposit document management as a standalone or integrated companion product. The product portfolio includes specialized modules for document imaging (with sub-second retrieval), PinPoint loan review export, iPad mobile access for field lenders, integrated CECL and stress testing models, and a browser-based interface. The system is designed for on-premise deployment behind the bank's firewall and integrates with core banking systems via data downloads rather than API connections.

Differentiator

Problem solved

Functional benefit

Brands

• LQAS: Loan Quality Assurance System - Advanced end-to-end loan portfolio management system designed for banks, featuring document tracking, imaging, loan review automation, CECL modeling, stress testing, and regulatory compliance tools.
• DQAS
• PinPoint

Products and services

• Loan Quality Assurance System (LQAS) An advanced end-to-end loan portfolio management system designed by bankers for bankers that automates loan document tracking, collateral monitoring, credit/collateral exception management, loan review, CECL calculations, stress testing, and regulatory exam preparation for banks ranging from community banks to mega-banks.
• Deposit Quality Assurance System (DQAS)

Quantifiable outcome

• Portfolio review time reduced from 3-4 weeks to 2 seconds
• +9 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature8 records

Scale indicators10 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• nCino: nCino offers a cloud-native bank operating system with strong loan origination and portfolio management capabilities. It targets the same community and mid-market bank buyer as AMT but via a modern SaaS architecture that contrasts with AMT's on-premise Windows deployment.

Broad incumbents

• ICE Mortgage Technology (Encompass): ICE Mortgage Technology (Encompass) is the dominant mortgage origination and workflow platform in the US. While focused primarily on mortgage versus AMT's broader commercial-loan portfolio scope, it overlaps in document management, imaging, and loan review for mortgage-heavy bank portfolios.
• Finastra: Finastra offers a comprehensive suite of lending, treasury, and risk-management software for banks globally. Its loan origination and portfolio management products compete with AMT's LQAS, particularly at larger and internationally operating institutions.
• Temenos: Temenos is a global banking software provider with lending and risk-management modules used by retail and commercial banks. Its loan portfolio management and compliance capabilities overlap with AMT's LQAS for institutions with international banking footprints.
• Jack Henry & Associates: Jack Henry provides core banking, lending, and risk solutions to thousands of US community banks. Its lending and compliance modules directly compete with AMT's loan portfolio and regulatory workflows, often as part of a broader core-banking bundle.
• Fiserv: Fiserv is a large incumbent in US banking technology, offering lending, risk, and compliance software integrated with its core banking platforms. Its broad portfolio overlaps with AMT's loan portfolio management and CECL functionality for banks of all sizes.
• Moody's Analytics: Moody's Analytics is a major provider of credit risk, CECL modeling, and stress-testing solutions to banks globally. AMT's CECL model, risk-based grading, and Moody's interface (referenced in product history) directly overlap with Moody's risk offerings, though Moody's operates at much broader scale.

Direct peers

• Abrigo: Abrigo provides credit risk management, loan portfolio analysis, and CECL/stress-testing software to US community and regional banks. It targets the same community-bank segment as AMT with overlapping loan-review and regulatory-compliance functionality, making it the closest direct competitor.
• Baker Hill: Baker Hill delivers loan origination, portfolio management, and credit analysis software focused on community and commercial banks. Its single-instance, integrated approach to loan portfolio workflows mirrors AMT's positioning for the same buyer.
• LendingQB: LendingQB is a loan origination software provider focused on mortgage and consumer lenders. It shares AMT's emphasis on loan-level workflow automation and document tracking, though it is more origination-focused while AMT is more portfolio-review focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Applied Micro Technology