RENO, Nev., Aug. 21, 2014 /PRNewswire/ -- The Alta Group announced today a new strategic partnership with Capgemini that expands their capabilities in providing comprehensive management, information technology (IT) and application consulting solutions to equipment lessors and other commercial and consumer finance institutions. The partnership will leverage the vast thought leadership of The Alta Group and combine it with Capgemini's deep domain experience and delivery capabilities – in a true end-to-end model from ideation through implementation and support.
Capgemini Financial Services, with Capgemini Group resources of almost 140,000, has had a market-leading practice with more than 500 people dedicated globally to leasing and lending for more than a decade, and The Alta Group, now composed of more than 100 consultants, has been exclusively dedicated to advising on best business practices in equipment leasing and financing since 1992. Many of its advisors were the CEOs or had executive leadership roles in major capital finance corporations
John C. Deane, the CEO of Alta, said, "Capgemini is a global leader in the provision of IT and application consulting services to our industry. They have the footprint and capacity to meet our clients' requirements, especially when combined with Alta's strategic and subject matter expertise."
The two organizations have been collaborating on engagements since September and are very excited about how their combined strengths and industry relationships are enhancing their value to mutual clients and paving the way for new opportunities to provide more effective business solutions, he added.
Michael Leyva, Vice President and Global Practice Head for Banking & Diversified Financial Services at Capgemini, said that while most joint work to date has been domestic, Alta and Capgemini are aggressively expanding the alliance to be active in the global equipment leasing and lending markets. Together, we will provide strategy, thought leadership, and the capability to help our clients deliver on the promise future state business operations.
"Alta consultants are trusted industry advisors and thought leaders with deep segment knowledge. They have expertise at the board level in market entry, asset management, captive and vendor program development and all facets of business from human capital to legal support. They have the big picture combined with a unique ability to drill down to the nuts and bolts that makes the difference between providing clients a targeted success or a game-changing solution that fosters sustainable growth and profitability."
About The Alta Group
The Alta Group is the leading global consultancy dedicated exclusively to the business of equipment leasing and asset finance. Since 1992, Alta has represented equipment leasing and finance companies, financial institutions, manufacturers and service providers, offering management consulting and expertise in global market entry, vendor and captive finance, professional development, legal services, asset management, mergers and acquisitions, and application consulting. For information on the group's services in the United States and Canada, Latin America, Europe, the Middle East and Africa, China, and Asia-Pacific, visit http://www.thealtagroup.com.
SOURCE The Alta Group