Alfa Financial Software Hldgs PLC New Customer Win (4707G)

TIDMALFA

RNS Number : 4707G

Alfa Financial Software Hldgs PLC

02 March 2018

2 March 2018

Alfa Financial Software Holdings PLC

New Customer Win

Alfa Financial Software Holdings PLC ("Alfa" or the "Company"), a leading developer of mission critical software for the asset finance industry, is pleased to announce a new contract win with a global equipment manufacturer and finance group.

This will be a multi-year, transnational implementation of Alfa Systems. Starting in the United Kingdom, Spain and Germany, it will then extend to other major geographic markets. The first phase of this exciting contract win ranks in the middle tier by contract value relative to other major Alfa implementations. It will strengthen Alfa's market presence within the equipment finance vertical and underpin Alfa's leadership in supporting OEMs across all sectors.

Andrew Denton, Chief Executive of Alfa said:

"We are delighted to win this high-profile contract with one of the most recognisable global equipment brands. Our new customer's ambition and strategic vision are eye-catching and we are excited to be supporting and enabling them on this journey. Again, this win is a reflection of the strength of our product and our track record in successfully delivering multi-country, end to end implementations."

Enquiries

 
  Alfa Financial Software Holdings 
   PLC 
   Andrew Denton, Chief Executive 
   Officer 
   Viv Maclachlan, Chief Financial 
   Officer                            [phone] 
 Tulchan Communications LLP 
  James Macey White 
  Matt Low                            [phone] 
 

Notes to Editors

Alfa has been delivering systems and consultancy services to the global asset and automotive finance industry since 1990. Our best practice methodologies and specialised knowledge of asset finance mean that we deliver the largest software implementations and most complex business change projects. With an excellent delivery history over nearly three decades in the industry, Alfa's track record is unrivalled.

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 client systems on a single platform. Alfa Systems supports both retail and corporate business for automotive, 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, the opportunities that Alfa Systems presents to asset finance companies are clear and compelling.

With over 30 clients utilising Alfa in 26 countries, Alfa has offices in Europe, Asia-Pacific and North America. For more information, visit www.alfasystems.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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March 02, 2018 02:00 ET (07:00 GMT)