The first of CHP Consulting’s clients has gone
live with the latest iteration of its browser-based asset finance
software platform.
ALFA v5 was first released September 2009 and
the project with the client, described as “a major international
bank”, began in June 2010.
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Andrew Denton, CHP Consulting’s Chief
Operating Officer, said: “The new platform puts our client in a
great position to expand. ALFA v5 is multi-GAAP, multicurrency,
multilingual and multijurisdictional, and our web-based
architecture is compliant with the bank’s new standards, ensuring
easy integration.
“We are now starting to see great interest
from asset finance companies of all sizes throughout Europe, North
America and Asia.”
At least two more CHP clients are expected to
go live with ALFA v5 during 2011.
The bank went live with the platform on 1
March, to be used as a single solution for its European asset
finance operations.
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By GlobalDataThe platform could also aid the bank in taking
on business in regions where it is not already present.
CHP was unable to disclose the name of the
bank, saying only that it has been a client since 2005.
claire.hack@vrlfinancialnews.com
