Alfa Financial Software Hldgs PLC First US Auto Start Go-Live (1297C)
October 15 2020 - 1:00AM
UK Regulatory
TIDMALFA
RNS Number : 1297C
Alfa Financial Software Hldgs PLC
15 October 2020
15 October 2020
Alfa Financial Software Holdings PLC
First US Auto Start Go-Live
Alfa Financial Software Holdings PLC ("Alfa" or the "Company"),
a leading developer of mission-critical software for the asset
finance industry, today announces that a leading US Automotive
Manufacturer has gone live on Alfa Systems in just under 23 weeks
from the start of the project by using Alfa Start. This go-live is
Alfa's fifth of 2020 and follows shortly after the launch of Alfa
Auto Start in North America. The Company has also started work on
its second Alfa Start project in the UK.
Andrew Denton, Chief Executive Officer of Alfa said:
"We are delighted to see the successful go-live of our first US
Auto Start client. It is really impressive to see how quickly this
project has been delivered, particularly considering that
deployment and implementation was delivered remotely. This
achievement is down not only to the hard work and great
collaboration between the customer and Alfa project teams, but also
to the speed of delivery that can be achieved through US Auto Start
which has a predesigned process catalogue and a suite of
pre-configured integrations. As with all Alfa Start projects, this
delivery was enabled by our Alfa Cloud hosted environment, an
always-on, cloud-native solution with fully managed infrastructure
and regular upgrades.
We are pleased with the progress we have made with all of our
strategic accelerators this year: Alfa Start, Alfa Cloud Hosting,
partnerships, and technological leadership through the release of
Alfa 5.6 and our entry into the artificial intelligence market with
Alfa iQ."
Enquiries
Alfa Financial Software Holdings
PLC
Andrew Denton, Chief Executive
Officer
Duncan Magrath, Chief Financial
Officer +44 (0)20 7588 1800
Tulchan Communications LLP
James Macey White
Matt Low +44 (0)20 7353 4200
Notes to Editors
Alfa has been delivering software systems and consultancy
services to the global asset and automotive finance industry since
1990. Our best practice methodologies and specialised knowledge of
asset finance facilitates delivery of large software
implementations and highly complex business change projects. With
an excellent delivery track record spanning three decades, Alfa's
experience and performance is unrivalled in the industry.
Alfa Systems, our class-leading technology platform, is at the
heart of some of the world's largest asset finance companies. Key
to the business case for each implementation is Alfa Systems'
ability to replace multiple customer systems with our single
platform. Alfa Systems supports both retail and corporate business
for auto, equipment, wholesale and dealer finance on a
multijurisdictional basis, including leases/loans, originations and
servicing. An end-to-end solution with integrated workflow and
automated processing using business rules, Alfa Systems provides
compelling solutions to asset finance companies.
Alfa Systems is currently used by customers or has live
implementations in 26 countries and Alfa has offices in Europe,
Australasia and North America. For more information, visit
www.alfasystems.com.
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