CHP Consulting wins Contract with Close Asset Finance

London - 6 October 2006

CHP Consulting, developer of the ALFA Systems technology platform for asset and motor finance, today announced it has signed a contract with Close Asset Finance Group to install and manage ALFA Systems in Close’s Print, Transport and Engineering, Air and General Business Finance Divisions. The implementation commenced earlier this year and the platform is scheduled to go live in November.

Sharon Bishop, operations director and project sponsor at Close Asset Finance, said, “Close Asset Finance is a dynamic and diverse business. The implementation of ALFA Systems is an integral part of our strategy to grow the business. Currently, our main divisions have different working practices and are spread geographically. ALFA will provide us with the flexibility to accommodate our future development and expansion plans.

“CHP Consulting was chosen because of its track record in delivery. I have been impressed by the quality of the people, their commercial aptitude and ethos of teamwork. This is a major project for Close Asset Finance and we look forward to a successful implementation and long-term partnership”

Andrew Denton, sales and marketing director at CHP Consulting, added, “ALFA Systems will provide Close Asset Finance with a single scaleable platform for the operation and administration of its multi-channel, multi-product business. The company was concerned to make sure it appointed an established supplier with an excellent reputation. By choosing a recognized product with a proven track record, it was certain of a platform that would meet its long-term business objectives.”

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