Bibby Financial Services (BFS), an international SME financier, selected asset finance technology provider Alfa’s preconfigured technology platform for asset finance, Alfa Start, in an effort to improve outcomes for clients and colleagues alike.

Both Bibby Asset Finance and BFS Marine Finance will fully migrate to the system over the coming months. The project uses out-of-the-box configuration and documentation that is fundamental to the Alfa Start methodology and is planned to go live in Q1/24.

“We’re delighted to partner with Alfa to enhance the service we provide to clients,” Sean Neville, managing director at Bibby Asset Finance, said. “Alfa Start is widely regarded as the ‘gold standard’ within the industry and, once fully embedded, the platform will reduce manual processing, allowing our teams to spend more time delivering value for our clients, brokers, vendors and business partners.”

“Alfa Start is a key part of our technology roadmap and our BFS 4.0 strategy, which aims to enhance our experience for colleagues, clients and business partners alike,” James Cooper, chief technology officer of BFS, said. “We’re pleased to partner with Alfa and look forward to the benefits of this partnership in 2024 and beyond.”

“We’re delighted to support Bibby Financial Services by providing the platform to enable their growth strategy,” Simon Clark, director of global business development at Alfa, said. “Alfa Start’s SaaS capabilities and Alfa Systems’ flexible nature are especially valuable to already successful businesses like BFS who are looking to enhance the way they support customers and internal teams.”