CHP Consulting’s ALFA v5 solution has been
selected by a major Nordic bank, the lease software specialist
announced last month.

This is the first new implementation of ALFA
v5 following the release of the latest version of the software in
late 2009.

CHP Consulting said its flagship solution was
chosen as “the group-wide software platform of the client
organisation”, supporting a portfolio comprising 130,000 agreements
with a total asset value of more than SEK30bn (€3.2bn).

CHP sales and marketing director Andrew Denton
said: “This new partnership demonstrates our increasingly
successful push into Europe.

“We are really enthusiastic about v5 and now
we are starting to see genuine take-up in the market. We are
expecting to announce two more new customers soon.”

ALFA v5’s open architecture allows integration
into the bank’s existing operating environment.

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