Alfa unveils “Compose” in the first of six releases in Alfa Systems 6
Alfa unveils “Compose” in the first of six releases in Alfa Systems 6Dec 06, 2023
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Alfa reports strong Q3 trading performanceAlfa Financial Software reports that trading remains strong since H1 2023 and in line with expectations for the quarter ended 30 September 2023, with revenue of £25m consistent with the same period last year. Financial highlights include double-digit growth in subscription revenues; software revenue down compared with strong chargeability in the third quarter last year; and services revenue slightly up on the same period last year.
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Asset Finance Europe 50 2023 - maintaining growth in turbulent timesThe annual ranking of Europe’s leading asset finance providers today reveals the leasing companies that delivered industry growth during a year in which the asset finance industry continued to face a period of economic uncertainty. The Asset Finance Europe 50, sponsored by Alfa, is the unique European annual ranking survey of business equipment and fleet lessors that provides an objective overview of all parts of the European leasing market.
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Alfa reports strong Q3 trading performance
Alfa announces sixth iteration of the Alfa Systems software platformAlfa has announced the upcoming launch of Alfa Systems 6 - a breakthrough iteration of its Alfa Systems software platform. Delivered in a series of releases over the coming year, Alfa Systems 6 introduces significant performance and functional enhancements, with a focus on addressing the dynamic challenges and opportunities facing the asset finance industry.
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Alfa's Innovation in Implementation series concludes with a people focusAlfa, a asset finance software solutions provider with a rich history of delivering innovative solutions and supporting complex implementations, has released the fifth and final instalment in its Innovation in Implementation series. Establishing Winning Frameworks and Teams explores the indispensable role of people in mitigating the risks associated with large and complex technology transformations.
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Alfa commits to net zero as climate targets are validated by SBTiAlfa has received validation for its science-based targets and reaffirmed its commitment to achieve net-zero emissions by 2030. The Science Based Targets initiative (SBTi) validated Alfa’s submission via the SME route, ensuring that targets are aligned with restricting an increase in global temperatures to 1.5ºC. Alfa has committed to reducing Scope 1 and Scope 2 emissions by 42% by 2030 compared with 2022; and measuring and reducing Scope 3 emissions.
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Alfa announces free Scope 3 emissions reportingAlfa has announced new functionality to help its Alfa Systems' customers track and report their portfolios’ Scope 3 greenhouse gas emissions. A complementary add-on for current and prospective Alfa customers, Scope 3 Reporting in Alfa Systems measures emissions at the asset level, based on published emissions data and actual or predicted usage, and is available for reporting or extraction from the Alfa Systems reporting database.
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Alfa reports strong first half results for 2023Alfa Financial Software (Alfa) has today reported strong financial and operational performance results for the six months ended 30 June 2023. Revenue was up 21% to £52.9m compared to H1 2022 and operating profit up 19% on H1 2022 to £16.9m, as the business maintains investment in the future.
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Alfa joins the AWS Partner NetworkAlfa, provider of software for the asset finance industry, has announced the completion of the Amazon Web Services (AWS) Foundational Technical Review (FTR) for Alfa Cloud, its single-tenant Software-as-a-Service product, and subsequent acceptance into the AWS Partner Network (APN).
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Alfa reports strong H1 trading with full-year expectations reiteratedAlfa Financial Software reports that the strong growth seen in Q1 continued through Q2. With a strong H1 performance and late-stage pipeline, Alfa is confident that their full-year expectations for 2023 will be achieved.
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What does the 2023 Asset Finance 50 report tell us about the state of the market?Those who can remember studying economics at school, or anyone with a more recent interest in the subject, will be aware that markets can be classified as being in states of perfect competition (many sellers, one product), monopolistic competition (many sellers, different products), oligopoly (a few sellers), and monopoly (one seller). Where does the UK asset finance industry fit on this scale? The Asset Finance 50 can provide the answer.
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UK’s top 50 asset finance companies deliver growth in uncertain economic timesThe UK’s asset finance industry has demonstrated determination and resilience in a challenging and uncertain economic environment. To maintain a healthy asset finance market, industry players have tackled these economic obstacles head-on, identifying opportunities and focusing on a sustainable asset finance industry. That’s the message from a unique study of the UK’s asset finance industry which reveals how the sector, even when facing economic adversity and challenging climate change initiatives, remains a valued and vital financing solution for UK SMEs.
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EQT drops buyout offer for AlfaInvestment firm EQT said on Friday that it did not plan to make a buyout offer for Alfa Financial Software, which provides software for the asset finance industry. In June, EQT proposed to buy Alfa Financial Software for £614.4 million (US$786.06 million) or 208 pence per share, with the proposal also giving shareholders the option to elect for a partial unlisted share alternative offer.
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Alfa announces sixth iteration of the Alfa Systems software platform
Alfa's Innovation in Implementation series concludes with a people focus
Alfa commits to net zero as climate targets are validated by SBTi
Alfa announces free Scope 3 emissions reporting
Alfa joins the AWS Partner Network
What does the 2023 Asset Finance 50 report tell us about the state of the market?
