Albany Software has been operating since 1989, and in 2005, the company reported revenues of £7.593 million and headcount of 93 people. Albany has gone through three name changes in the past, these being: Goodwing Computers -> Halon Computers (1989) -> Albany Computers (1989) -> Albany Software (1994). The company is 100% owned by Adrian Stafford-Jones (based on 2004 accounts), who became a Director of the company in 1991. Unfortunately, Companies House is now closed (i.e. past midnight), so I cannot purchase the last set of accounts, and these figures may require an update.
Albany Software’s product portfolio can be easily split into:
Payment Solutions:
- ALBACSip – automating the payment and collection of funds
- ALBACScs – multi-user BACS solution
- ALBACSenterprise – customisable payments solution
- ALBANYverify – validation of bank account and credit card details
- ALBANYverify API – point of entry validation of bank account and credit card details
- eBANK – automatic preparation and validation of cross- border funds transfers
- eCOLLECT – collections management for Direct Debits and credit cards
Document Exchange
- eCONNECT – e-document distribution solution
The products are sold through a strong channel that includes Coins, Touchstone, RedSkyIT, Asyst and others. Watchout for Albany #2 for a brief review of eConnect
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