The first of CHP Consulting’s
clients has gone live with the latest version of its browser-based
asset finance software platform.

ALFA v5 was first released in
September 2009 and the project with the client, described as “a
major international bank”, began in June 2010.

At least two more CHP clients
are expected to go live with ALFA v5 during 2011.

The bank went live with the
platform on 1 March, to be used as a single solution for its
European asset finance operations. The platform can also aid the
bank taking business in new regions.

CHP was unable to disclose the name of the bank, saying
only that it has been a client since 2005.