(Alliance News) - Alfa Financial Software Holdings PLC on Tuesday said it has signed a new contract with a German unit of an undisclosed international bank.
The developer of software for the asset finance industry said it expects this new contract to rank in the upper tier by monetary value relative to other Alfa implementations.
Alfa said the new contract further underpins its expectations for 2019 and 2020.
"We are delighted to cement this important relationship with a globally respected consumer finance leader," said Chief Executive Andrew Denton.
"We are excited to work with this key customer on its ambitious roll-out plans as well as its innovative and disruptive approach to consumer finance," added Denton.
Alfa shares were trading 2.0% higher in London on Tuesday at 88.60 pence each.
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Alfa Fin (ALFA)