CBRail is going live with ALFA Systems from CHP Consulting. Based in Luxembourg, CBRail is an innovative lessor servicing the rapidly expanding rolling stock leasing markets in Germany, Belgium, Netherlands, France and Switzerland, with plans to expand further into eastern Europe.
Published on 27 May 2008
The big-ticket lessor’s rolling stock portfolio features contracts worth €600m, migrated to ALFA Systems in an application service provider (ASP) solution.
CHP Sales and Marketing Director, Andrew Denton, commented, “CBRail is uniquely well placed to support rail operators in the newly liberalised rolling stock market throughout Europe. Having researched the market the business found that ALFA was the best system to support the broader European coverage of their operations, along with the sophistication of the financial structures and asset management capabilities required.”
“This project has seen many of the key benefits of ALFA Systems being exploited to the full, with multicountry, asset management, support for structured leasing and ASP implementation all major contributors. We are excited to be CBRail’s partner providing the technology to support their ambitious growth plans in the European rolling stock sector.”