Asset finance software provider Alfa has unveiled Collaborative Ecosystem, the final component of its asset finance software platform Alfa Systems 6.

This latest iteration of its software-as-a-service (SaaS) platform is designed to enable customers to seamlessly integrate with new technologies and leverage Alfa’s expertise to create customised solutions.

The Collaborative Ecosystem pillar offers an extensive suite of modern APIs [application programming interfaces] that facilitate integration across the entire asset finance contract lifecycle.

Alfa Systems 6 offers powerful workflow capabilities, webhooks, and business rules that allow for the orchestration of a comprehensive ecosystem.

These integrations can be managed directly through Alfa Systems 6 via configuration, thus eliminating the need for additional vendor development.

Additionally, the Data Pipeline feature provides change data capture (CDC) event streams for efficient, real-time data transfer.

Utilising Apache Kafka, the industry standard for real-time streaming data pipelines, CDC ensures the effective connection of Alfa Systems 6’s operational reporting data with downstream data and business intelligence platforms.

Clients can also gain seamless access to the AWS ecosystem through Alfa Cloud, which includes advanced technology solutions, including those used to develop Alfa’s AI assistant, AskThea.

These tools can be securely integrated into the customer’s ecosystem to foster innovation.

Founded on six pillars, Alfa Systems 6 is set to fully launch later this year. The platform addresses significant challenges faced by asset finance providers and capitalises on emerging opportunities.

The six pillars include Efficiency, Total Capability, Sustainability, Scalability, Intelligent Automation, and the newly announced Collaborative Ecosystem.