Alfa, provider of Alfa Systems, the class-leading technology platform for asset finance companies worldwide, has announced its latest piece of thought leadership in Digital Directions 3.
Bringing a conclusion to a series that began in 2017, Digital Directions 3: Building a digital ecosystem for asset finance draws on industry experts’ input to understand a future in which technology’s power is channeled not by individual operators, but by many participants, who collaborate on delivering new value that exceeds the sum of its parts.
Andrew Flegg, Alfa’s Chief Technology Officer, said: “Where technology providers would once equip their customers with proprietary, standalone, end-to-end platforms, these days it’s much more likely to be discrete, modular applications that interact seamlessly with others. The goal for today’s customers - and providers - is to embed all technology in a wider digital ecosystem; an ecosystem that provides cutting-edge capabilities and can be developed by the provider, its clients, or specialist third parties.
“Digital Directions 3 offers insight into the emerging role of technology providers as ecosystems enablers, and discusses the current opportunities to deploy these ecosystems in a way that meets the needs of the auto and equipment finance industry.”
The first Digital Directions report explored leading industry opinion on how digitalization was changing asset finance. Digital Directions 2 looked specifically at how the retail, fleet and equipment finance sectors were responding to those changes. Then the pandemic put digitalization top of the agenda for companies around the world.
Digital Directions 3 was produced in partnership with Asset Finance Connect. Read more at alfasystems.com/dd3.
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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 specialized knowledge of asset finance mean that we deliver the largest system implementations and most complex business change projects. With an excellent delivery history over 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 consolidate multiple client systems on a 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, the opportunities that Alfa Systems presents to asset finance companies are clear and compelling.
With over 30 current clients and 26 countries served, Alfa has offices all over Europe, Australasia and the Americas. For more information, visit alfasystems.com.
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