Alfa Strengths, Domain Expertise, and Key Differentiators
Alfa (formerly CHP Consulting) has been delivering systems and services to the global asset and automotive finance industry since 1990. Alfa Systems is used to administer both retail and corporate business, from point of sale, through originations, to contract management and remarketing. Alfa Systems manages both high-volume transactions and complex leases and loans, in any region, language and currency.
Alfa Recent Developments
In September 2020, Alfa has revealed a significant new release of its software platform for asset finance, Alfa Systems. Alfa Systems 5.6 brings together 18 months of important new features. Highlights include: A comprehensive redesign of the user experience, Alfa Start a new preconfigured edition of the software, Support for risk-free interest calculation rates such as SONIA and SOFR, Usage-based billing and cash accounts, and Many other features and inhancements, including some important technical innovations.
In August 2020, Alfa released a new, preconfigured edition of its software solution - built exclusively for auto finance in the US. Alfa Start delivers the Alfa Systems platform at entry-level cost for US-based auto finance operations of all sizes.
Alfa Start delivers the Alfa Systems platform at entry-level cost for US-based auto finance operations of all sizes. Delivered quickly and cost-effectively, Alfa Start includes a preconfigured start position with predesigned process catalogue and a suite of out-of-the-box integrations. Start customers also benefit from an always-on, cloud-native solution with fully managed infrastructure and regular upgrades.
In November 2016, CHP Consulting, the makers of Alfa Systems rebranded to simply Alfa.
Alfa Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Alfa applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Alfa and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Alfa Systems customers.
Ownership: - LON: ALFA
Number of Employees: 390
Alfa Key Enterprise and Cloud Applications
Alfa Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Alfa Revenue Breakdown By Type, $M:
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Alfa Enterprise Applications Revenues By Functional Markets, $M:
Alfa Enterprise Applications Revenues By Verticals, $M:
Alfa Revenues By Region, $M
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Alfa Direct vs Indirect sales
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Alfa Customers - Breakdown by Geo, Size, Vertical and Product
No. of Alfa Customers: 32
No. of Alfa Enterprise Applications Customers: 32
No. of Alfa Cloud Customers: x
No. of Alfa Cloud Subscribers: x
In June 2017, the company won 2 major customers, with contracts worth over $4 million. Alfa has 32 customers across 26 countries, 55% from Banking and Financial Services and 24% from Automotive vertical markets. In Europe Alfa has 23 customers, only from UK it generates $39.7 million of total revenue, while in the USA with 6 customers it accounts $54.5m. In Australia and New Zeland Alfa has 3 customers.
Some of their customers are Commonwealth Bank of Australia, John Deere Financial Services, PACCAR, Siemens Financial Services, Nordea Finance, Close Brothers Asset Finance, Santander, Standard Bank, HTB, Arkle Finance, PEAC Finance, Societe Generale Equipment Finance, Hitachi Capital Business Finance, Motability Operations, CarMax, Mercedes-Benz Financial Services, Toyota Financial Services, Bank of America, and many more.
Alfa Market Opportunities, M&A and Geo Expansions
In early 2017, Alfa partnered with NuoDB, an elastic SQL database company. This affiliation brings value to Alfa's clients in the form of improved availability, better performance, and lower costs. NuoDB's elastic SQL database is designed to meet the needs of cloud applications without sacrificing the transactional consistency and durability that many applications demand.
Alfa Risks and Challenges
Alfa company reported a 9.2% fall in revenue in 2019 to GBP64.5 million from GBP71.0 million.
Alfa Financial new contracts in the US have been cancelled due to the Covid-19 outbreak. It was also been asked by other customers to reschedule work.
Alfa Ecosystem, Partners, Resellers and SI
Alfa has ten offices - in London, Munich, Paris, Stockholm, Warsaw, Sydney, Auckland, Detroit, Dallas.
Alfa Technologies has trusted partners over the years and the number is getting bigger every year. Some of the companies Alfa works with are Leasing Foundations, FLA, Leaseurope, ELFA, AFSA and many more.
In February 2020 Alfa Financial signed a global partnership deal with consulting firm Accenture. This Partnership is a fundamental part of Alfa growth strategy, and working with a partner like Accenture will help them accelerate efforts to deliver Alfa to customers who want to become digital leaders.
Alfa Cloud Infrastructure Insights
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- Alfa Public Cloud and Infrastructure (IaaS)
- Alfa Platform (PaaS)
- Alfa Application Delivery
- Alfa Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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