Alfa Financial Software Holdings inked a new contract with a top 10 ranked US vehicle manufacturer.

This new contract is expected to rank in the middle tier, by monetary value, relative to other Alfa implementations. The agreement, which is with an existing customer, included consultancy services to deliver an implementation of Alfa Systems and a multiple year Alfa cloud-hosting arrangement. Revenues under this contract provide further comfort over the Company’s plans for 2020 and beyond.

Andrew Denton, chief executive officer of Alfa said: “We are excited to announce this new contract win which is our second with a major US auto manufacturer in 2020 and cements our position as a leading provider of software to the US auto leasing industry.”