United Trust Bank partners with Alfa in digital transformation

Fast growing specialist lender United Trust Bank (UTB) is to move its asset finance operations to the Alfa Systems software platform, a multi-featured system which will be delivered quickly and cost-effectively via the Alfa Start methodology. The bank said the integrated digital solution will improve broker service and support UTB’s ambitious growth plans.

United Trust Bank partners with Alfa in digital transformation

Jun 17, 2022

Fast growing specialist lender United Trust Bank (UTB) is to move its asset finance operations to the Alfa Systems software platform, a multi-featured system which will be delivered quickly and cost-effectively via the Alfa Start methodology. The bank said the integrated digital solution will improve broker service and support UTB’s ambitious growth plans.

Industry’s June LGBTQ+ Community event

Celebrate Pride Month by joining The Leasing Foundation and the Alfa Financial Software LGBTQ+ Community at the Alfa offices on June 29 for the first in a series of LGBTQ+ Company Showcase events. These events will allow LGBTQ+ employee networks from across the leasing industry to showcase their efforts and discuss their plans for the future while providing an opportunity for LGBTQ+ people and allies to network.

Industry’s June LGBTQ+ Community event

Jun 07, 2022

Celebrate Pride Month by joining The Leasing Foundation and the Alfa Financial Software LGBTQ+ Community at the Alfa offices on June 29 for the first in a series of LGBTQ+ Company Showcase events. These events will allow LGBTQ+ employee networks from across the leasing industry to showcase their efforts and discuss their plans for the future while providing an opportunity for LGBTQ+ people and allies to network.

Tomorrow’s Journey and Alfa join forces with a subscription solution for the future

Global asset and automotive finance industry technology provider Alfa and business mobility specialist Tomorrow’s Journey (TJ) have teamed up in a partnership that connects two market leaders in their fields to deliver a new proposition for vehicle subscription and usage-based mobility products. The integration of TJ’s configurable SaaS platform, JRNY, with the class-leading Alfa Systems technology platform will offer a full, end-to-end, enterprise-level solution for captive and independent finance companies.

Tomorrow’s Journey and Alfa join forces with a subscription solution for the future

Jun 06, 2022

Global asset and automotive finance industry technology provider Alfa and business mobility specialist Tomorrow’s Journey (TJ) have teamed up in a partnership that connects two market leaders in their fields to deliver a new proposition for vehicle subscription and usage-based mobility products. The integration of TJ’s configurable SaaS platform, JRNY, with the class-leading Alfa Systems technology platform will offer a full, end-to-end, enterprise-level solution for captive and independent finance companies.

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Lloyds Bank partners with Alfa to enhance asset finance journey

Lloyds Bank has partnered with software specialist Alfa to enhance its asset finance proposition. The lender is to transition to Alfa Systems v5, a modern cloud-based system that automates its asset finance solution’s customer servicing, income collection and recovery and pay-out handling. With a planned roll out of the system later this year, Lloyds Bank will also use API connectivity to deliver a fully digital asset finance journey to customers.

Lloyds Bank partners with Alfa to enhance asset finance journey

May 25, 2022

Lloyds Bank has partnered with software specialist Alfa to enhance its asset finance proposition. The lender is to transition to Alfa Systems v5, a modern cloud-based system that automates its asset finance solution’s customer servicing, income collection and recovery and pay-out handling. With a planned roll out of the system later this year, Lloyds Bank will also use API connectivity to deliver a fully digital asset finance journey to customers.

CarMax Auto Finance finds success with Alfa Systems

Alfa, provider of Alfa Systems, a leading software platform for auto and asset finance, has released details of a successful implementation project with CarMax Auto Finance (CAF), the finance arm of CarMax, the largest used car retailer in the US. The project, which spanned four years, saw the two companies develop a strong collaborative partnership to deliver a major systems upgrade.

CarMax Auto Finance finds success with Alfa Systems

May 23, 2022

Alfa, provider of Alfa Systems, a leading software platform for auto and asset finance, has released details of a successful implementation project with CarMax Auto Finance (CAF), the finance arm of CarMax, the largest used car retailer in the US. The project, which spanned four years, saw the two companies develop a strong collaborative partnership to deliver a major systems upgrade.

Alfa reports Q1 rise in revenues and chargeable days

Alfa Financial Software has reported strong revenue growth in the first quarter of the year, hitting £22.5m, up more than 10% on the same period last year. The company, a leading developer of mission-critical software for the asset finance industry, worked more chargeable days in March than at any time in its history, and said it expects these high levels of chargeability to continue.

Alfa reports Q1 rise in revenues and chargeable days

Apr 28, 2022

Alfa Financial Software has reported strong revenue growth in the first quarter of the year, hitting £22.5m, up more than 10% on the same period last year. The company, a leading developer of mission-critical software for the asset finance industry, worked more chargeable days in March than at any time in its history, and said it expects these high levels of chargeability to continue.

Alfa posts strong financial performance in 2021

Alfa Financial Software, a leading developer of software for the asset finance industry, has reported a strong financial and operational performance in its full year 2021 results. Revenue for the twelve months ending 31 December 2021 hit £83.2 million, up 5% on the previous year, while operating profit increased by 3% to £24.7 million.

Alfa posts strong financial performance in 2021

Mar 09, 2022

Alfa Financial Software, a leading developer of software for the asset finance industry, has reported a strong financial and operational performance in its full year 2021 results. Revenue for the twelve months ending 31 December 2021 hit £83.2 million, up 5% on the previous year, while operating profit increased by 3% to £24.7 million.

Alfa launches second paper in agile implementation series

Asset and automotive finance industry technology specialist Alfa Systems, the software platform that supports some of the largest and most complex portfolios in the industry, has published the second paper in its new thought leadership series, Innovation in Implementation. The paper focuses on data migration, often thought of as the most challenging aspect of a systems implementation project. In the series, various individuals from Alfa draw on their talent and experience to discuss how asset finance organisations can work in an agile fashion to deliver “quick and often” on their software implementations.

Alfa launches second paper in agile implementation series

Mar 04, 2022

Asset and automotive finance industry technology specialist Alfa Systems, the software platform that supports some of the largest and most complex portfolios in the industry, has published the second paper in its new thought leadership series, Innovation in Implementation. The paper focuses on data migration, often thought of as the most challenging aspect of a systems implementation project. In the series, various individuals from Alfa draw on their talent and experience to discuss how asset finance organisations can work in an agile fashion to deliver “quick and often” on their software implementations.

Alfa lands first customers for AI venture, Alfa iQ

Alfa has secured its first revenue generating work for Alfa iQ, a partnership between the asset and auto finance industry technology specialist and Bitfount, which combines decades of sector expertise with deep artificial intelligence and machine learning capabilities. The intelligence platform enables customers to make better decisions and to adapt quickly to changing market conditions through these methods.

Alfa lands first customers for AI venture, Alfa iQ

Feb 22, 2022

Alfa has secured its first revenue generating work for Alfa iQ, a partnership between the asset and auto finance industry technology specialist and Bitfount, which combines decades of sector expertise with deep artificial intelligence and machine learning capabilities. The intelligence platform enables customers to make better decisions and to adapt quickly to changing market conditions through these methods.

Asset Finance Europe 50 2021 - delivering growth in a complex market

The annual ranking of Europe’s leading asset finance providers reveals today the leasing companies that delivered industry growth during a year in which the pandemic reshaped global trade. The Asset Finance Europe 50 is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the regions’ leasing market. The research reveals that the industry managed to maintain overall growth despite the impact of the pandemic, although at much lower levels than previous years, as expansion for some providers was offset by reduced receivables for others.

Asset Finance Europe 50 2021 - delivering growth in a complex market

Dec 14, 2021

The annual ranking of Europe’s leading asset finance providers reveals today the leasing companies that delivered industry growth during a year in which the pandemic reshaped global trade. The Asset Finance Europe 50 is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the regions’ leasing market. The research reveals that the industry managed to maintain overall growth despite the impact of the pandemic, although at much lower levels than previous years, as expansion for some providers was offset by reduced receivables for others.

PEAC Finance finds a platform for growth in Alfa Systems

PEAC Finance has completed a major project to upgrade Alfa Systems, alongside the implementation of new business for the Barclays Asset Finance operation which the European SME lending specialist acquired at the end of June. Completed in July 2021, the upgrade to Alfa Systems version 5.6 gave PEAC access to a wealth of new features, including support for risk-free interest rate products and usage-based billing, alongside a comprehensive redesign of the user interface to improve user experience and increase operational efficiency.

PEAC Finance finds a platform for growth in Alfa Systems

Dec 07, 2021

PEAC Finance has completed a major project to upgrade Alfa Systems, alongside the implementation of new business for the Barclays Asset Finance operation which the European SME lending specialist acquired at the end of June. Completed in July 2021, the upgrade to Alfa Systems version 5.6 gave PEAC access to a wealth of new features, including support for risk-free interest rate products and usage-based billing, alongside a comprehensive redesign of the user interface to improve user experience and increase operational efficiency.

Alfa launches agile implementation series

Asset and automotive finance industry technology specialist Alfa Systems, the software platform that supports some of the largest and most complex portfolios in the industry, has announced a new thought leadership series, Innovation in Implementation. In the series, various individuals from Alfa draw on their talent and experience to discuss how asset finance organisations can work in an agile fashion to deliver “quick and often” on their software implementations.

Alfa launches agile implementation series

Oct 18, 2021

Asset and automotive finance industry technology specialist Alfa Systems, the software platform that supports some of the largest and most complex portfolios in the industry, has announced a new thought leadership series, Innovation in Implementation. In the series, various individuals from Alfa draw on their talent and experience to discuss how asset finance organisations can work in an agile fashion to deliver “quick and often” on their software implementations.

Alfa names three chosen charities for 2021

Asset and automotive finance industry technology specialist Alfa has named three charities it will be supporting for 2021 and beyond, as part of the software vendor’s commitment to creating a positive impact. Its choices reflect Alfa’s intention to tackle key environmental and social issues.

Alfa names three chosen charities for 2021

Oct 01, 2021

Asset and automotive finance industry technology specialist Alfa has named three charities it will be supporting for 2021 and beyond, as part of the software vendor’s commitment to creating a positive impact. Its choices reflect Alfa’s intention to tackle key environmental and social issues.