News From Our Members | Alfa Systems 6 moves ahead with its fourth pillar, Scalability
Alfa, a leading provider of enterprise software for the automotive finance industry, has announced the release of Scalability, the fourth of six releases that make up Alfa Systems 6 – a breakthrough iteration of its Alfa Systems software platform.
Providing “truly always-on, financially coherent operation – without restriction”, Scalability in Alfa Systems 6 presents leading-edge functionality designed for providers looking to scale their business with flexibility and speed. This applies to providers looking to expand within their current markets, or breaking into new regions and business lines, but who need to maintain high levels of flexibility while minimizing capital expenditure.
Discover Scalability in Alfa Systems 6:
Emily Hammond, Alfa’s Head of Product, said: “Scalability, the fourth pillar of Alfa Systems 6, allows finance providers to plan efficiently and confidently for extensions to their operations, without worrying about increased capital spend. This allows them to make use of economies of scale, and mitigate the risk of higher cost bases.”
Building on Alfa Systems’ stable, performant platform, long-term investments by Alfa have delivered the Scalability pillar, equipping finance providers with everything they need to:
- Optimise and flex resource expenditure: Alfa Cloud’s adaptable resource model offers automated deployments, serverless databases, and SOC1-certified processes – as and when required.
- Onboard new portfolios: Powerful new tooling makes the transfer of acquired portfolios onto Alfa Systems 6 quick and painless.
- Expand into new markets: Through business rules and advanced configuration management, Alfa Systems 6 gives you the power to roll out operations with flexibility and speed. Use the same configuration in multiple countries, or as a seed for rollouts in new regions or business lines.
- Harness true 24/7 operation: New ‘rolling close’ capabilities deliver uninterrupted round-the-clock operations and superior performance – a first in the market. Portfolios progress smoothly to the next day with zero downtime, enabling always-on digital self-service for all operations (not just quoting).
To find out more about how Alfa Systems 6 can transform your business, open up new revenue streams, and bring heightened productivity to your operation, visit alfasystems.com/6.
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About Alfa Systems 6
Founded on six pillars, Alfa Systems 6 helps auto finance providers tackle the significant challenges they face, and seize the lucrative opportunities that lie waiting. It is delivered in a series of six releases that culminate in its full launch later in 2024:
- Efficiency, the first release in Alfa Systems 6, presented Compose: superpersonalised screen design.
- Total Capability, the second release, introduced Total Originations, an advanced originations product.
- Sustainability offers powerful new capabilities for providers driven by sustainability and changing business models.
- The remaining pillars are Intelligent Automation and Collaborative Ecosystem.
To find out more about how Alfa Systems 6 can transform your business, open up new revenue streams, and bring heightened productivity to your operation, visit alfasystems.com/6. Alfa Systems 6 is frictionless for existing customers.
About Alfa
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 and most complex systems transformation projects. With an excellent delivery history of more than three decades in the industry, Alfa’s track record is unrivalled.
Alfa Systems, our class-leading technology platform, is the heart and lungs of some of the world’s largest and most progressive asset finance providers. Satisfying leasing software requirements of all sizes, the cloud-native Alfa Systems represents an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.
Alfa Systems supports both retail and corporate business for equipment, automotive, wholesale and dealer finance, including originations, servicing and collections. It manages both high-volume transactions and complex leases and loans, in any region, language and currency. Fully extensible and providing real-time insights, integrated workflow and business rules, alongside business decisions driven by machine learning, the opportunities that Alfa Systems presents to asset finance companies are clear and compelling.
With over 30 current clients and 38 countries served, Alfa has offices all over Europe, Australasia and the Americas. For more information, visit us at alfasystems.com or on LinkedIn.
May 28th, 2024
