Alfa targets global growth amid focus on trusted partnerships with customers and suppliers

Financial software company Alfa has reported an increase in the number of customers requesting complex multi-country implementations of its systems and broader demand for cloud services that drive business efficiencies. While this means customer decision-making is becoming more complex, it also reflects the increasing value placed on trusted software suppliers that can manage complex international requirements as part of a focus on long-term partnerships, according to the company’s CEO Andy Denton.

Alfa targets global growth amid focus on trusted partnerships with customers and suppliers

Mar 12, 2019

Financial software company Alfa has reported an increase in the number of customers requesting complex multi-country implementations of its systems and broader demand for cloud services that drive business efficiencies. While this means customer decision-making is becoming more complex, it also reflects the increasing value placed on trusted software suppliers that can manage complex international requirements as part of a focus on long-term partnerships, according to the company’s CEO Andy Denton.

Planning a successful route to delivering global mobility services

There is a tough journey ahead for the hundreds of mobility innovators seeking to change transport, as they are whittled down to the successful few who create a new transport landscape for the masses. As an inspirational speech, it makes tough listening, but the wise words ring true from Brian Collie, a senior partner and managing director at Boston Consulting Group, where he is the global lead for the automotive and mobility sector.

Planning a successful route to delivering global mobility services

Feb 19, 2019

There is a tough journey ahead for the hundreds of mobility innovators seeking to change transport, as they are whittled down to the successful few who create a new transport landscape for the masses. As an inspirational speech, it makes tough listening, but the wise words ring true from Brian Collie, a senior partner and managing director at Boston Consulting Group, where he is the global lead for the automotive and mobility sector.

Mining data: how successful is the asset finance industry at striking gold?

Changing customer expectations are reshaping the asset finance industry. As Jochen Jehmlich, CEO, Societe Generale Equipment Finance (SGEF), points out, the key trend is a strong move away from traditional acquisition of equipment towards a usage and service-based approach, supported by innovations in technology. Disruptive start-ups such as ride hailing service Uber have led the way on this, but the switch from a focus on owning equipment to wanting to pay for outcomes is spreading, facilitated by the use of data collected from connected devices as part of the Internet of Things (IoT). Having a network of devices fitted to equipment and vehicles allows vendors, users and lenders to connect, interact and exchange data.

Mining data: how successful is the asset finance industry at striking gold?

Feb 12, 2019

Changing customer expectations are reshaping the asset finance industry. As Jochen Jehmlich, CEO, Societe Generale Equipment Finance (SGEF), points out, the key trend is a strong move away from traditional acquisition of equipment towards a usage and service-based approach, supported by innovations in technology. Disruptive start-ups such as ride hailing service Uber have led the way on this, but the switch from a focus on owning equipment to wanting to pay for outcomes is spreading, facilitated by the use of data collected from connected devices as part of the Internet of Things (IoT). Having a network of devices fitted to equipment and vehicles allows vendors, users and lenders to connect, interact and exchange data.

Societe Generale leads exclusive AFE50 rankings as smaller players increase market share

Societe Generale has been named as the largest European asset finance company in the annual Asset Finance Europe 50 (AFE 50) which is released today. The 2018 AFE50 provides insights into the European business equipment and car leasing industry, whose 50 largest members make up a community with lease receivables of more than €271 billion, a year-on-year rise of nearly 4%.

Societe Generale leads exclusive AFE50 rankings as smaller players increase market share

Dec 19, 2018

Societe Generale has been named as the largest European asset finance company in the annual Asset Finance Europe 50 (AFE 50) which is released today. The 2018 AFE50 provides insights into the European business equipment and car leasing industry, whose 50 largest members make up a community with lease receivables of more than €271 billion, a year-on-year rise of nearly 4%.

Cloud first approach promises long-term growth for Alfa

Demand for cloud-based services has exceeded expectations at global financial software provider Alfa. The company revealed its ‘Cloud First’ sales approach last year and since then three quarters of customer wins have been securely hosted on the public cloud. Customers are increasingly convinced of the cost benefits of outsourcing infrastructure requirements so that software runs on external systems provided by trusted third-parties, with data being held off-site.

Cloud first approach promises long-term growth for Alfa

Sep 04, 2018

Demand for cloud-based services has exceeded expectations at global financial software provider Alfa. The company revealed its ‘Cloud First’ sales approach last year and since then three quarters of customer wins have been securely hosted on the public cloud. Customers are increasingly convinced of the cost benefits of outsourcing infrastructure requirements so that software runs on external systems provided by trusted third-parties, with data being held off-site.

Innovate or Die - A multinational asset lender’s perspective on digitalization

At a time of unprecedented change, Jonathan Andrew, Global CEO of the Commercial Finance business of Siemens Financial Services, will pose in his keynote speech at the International Asset Finance Network conference on 13 September whether the business finance industry is truly prepared for the challenges ahead. There is a clear and urgent need for the business finance industry to digitally transform in order to remain competitive in local and world markets. New business models are evolving and long-established industry thinking is being challenged as the sector wrestles with the need to innovate and create new revenue streams.

Innovate or Die - A multinational asset lender’s perspective on digitalization

Aug 22, 2018

At a time of unprecedented change, Jonathan Andrew, Global CEO of the Commercial Finance business of Siemens Financial Services, will pose in his keynote speech at the International Asset Finance Network conference on 13 September whether the business finance industry is truly prepared for the challenges ahead. There is a clear and urgent need for the business finance industry to digitally transform in order to remain competitive in local and world markets. New business models are evolving and long-established industry thinking is being challenged as the sector wrestles with the need to innovate and create new revenue streams.

Rise of the ‘permissioned blockchain’ is key to delivering short-term value, says McKinsey

Finance companies need to take a structured approach to their blockchain strategies to start delivering value in the short-term, according to advisors McKinsey. In recently published analysis, it argues that blockchain does not have to be a disintermediator to generate value, as benefits from reductions in transaction complexity and cost, as well as improvements in transparency and fraud controls, can be captured by existing institutions using ‘permissioned blockchain’.

Rise of the ‘permissioned blockchain’ is key to delivering short-term value, says McKinsey

Aug 20, 2018

Finance companies need to take a structured approach to their blockchain strategies to start delivering value in the short-term, according to advisors McKinsey. In recently published analysis, it argues that blockchain does not have to be a disintermediator to generate value, as benefits from reductions in transaction complexity and cost, as well as improvements in transparency and fraud controls, can be captured by existing institutions using ‘permissioned blockchain’.

The digitalisation challenge – how auto finance companies need to respond

A skilled, diverse workforce is the key to successfully tackling the digitalisation challenge. By having different views and different backgrounds, a company can broaden its horizons and introduce new ideas and an enthusiasm for innovation that will lay the foundations for companies to adapt to change. According to Andy Denton, CEO of global financial software giant Alfa, companies need a cultural shift to embrace the potential of digitalisation.

The digitalisation challenge – how auto finance companies need to respond

Jun 25, 2018

A skilled, diverse workforce is the key to successfully tackling the digitalisation challenge. By having different views and different backgrounds, a company can broaden its horizons and introduce new ideas and an enthusiasm for innovation that will lay the foundations for companies to adapt to change. According to Andy Denton, CEO of global financial software giant Alfa, companies need a cultural shift to embrace the potential of digitalisation.

Alfa Digital Directions Part Two