Alfa, a developer of software for the asset finance industry, has won a new contract with the German subsidiary of a major international bank. The bank is one of the largest automotive finance providers in Germany.

As detailed in the company’s H1 results announcement, implementation work has been delivered throughout 2019 under successive letters of engagement, and this work will continue under the new agreement.

“We are delighted to cement this important relationship with a globally respected consumer finance leader. The project broadens Alfa’s geographical footprint and continues the company’s portfolio diversification by adding support for German automotive finance,” said Andrew Denton, Alfa CEO. “We are excited to work with this key customer on its ambitious roll-out plans as well as its innovative and disruptive approach to consumer finance.”

Founded in 1990, Alfa has over 30 current clients and serves 26 countries, with offices all over Europe, Asia-Pacific and the United States.