Tuesday, November 5, 2024
Bill Himpler, President and CEO, American Financial Services Association | Official Website

Alfa launches scalability feature in latest software update

Alfa, a leading provider of enterprise software for the automotive finance industry, has announced the release of Scalability, the fourth of six releases that constitute Alfa Systems 6 – a new iteration of its Alfa Systems software platform.

Providing "truly always-on, financially coherent operation – without restriction," Scalability in Alfa Systems 6 offers advanced functionality designed for providers aiming to scale their business with flexibility and speed. This applies to those looking to expand within current markets or enter new regions and business lines while maintaining high flexibility and minimizing capital expenditure.

Emily Hammond, Alfa’s Head of Product, stated: “Scalability, the fourth pillar of Alfa Systems 6, allows finance providers to plan efficiently and confidently for extensions to their operations without worrying about increased capital spend. This allows them to make use of economies of scale and mitigate the risk of higher cost bases.”

The Scalability pillar equips finance providers with several capabilities:

- **Optimise and flex resource expenditure:** Alfa Cloud’s adaptable resource model offers automated deployments, serverless databases, and SOC1-certified processes as needed.

- **Onboard new portfolios:** New tooling facilitates quick and seamless transfer of acquired portfolios onto Alfa Systems 6.

- **Expand into new markets:** Business rules and advanced configuration management allow flexible and rapid rollout operations across multiple countries or regions.

- **Harness true 24/7 operation:** New ‘rolling close’ capabilities enable uninterrupted round-the-clock operations, ensuring always-on digital self-service for all operations.

To learn more about how Alfa Systems 6 can transform businesses by opening up new revenue streams and increasing productivity, visit alfasystems.com/6.

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