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History

Alphatec has been established for over 25 years and is now a global supplier of market leading software solutions.

Established, in 1996, we began purely as a consultancy company handling significant projects both nationally and internationally.  One of our early projects was to support The Royal Bank of Scotland deliver automated billing and the integration of multiple IT platforms.

This project highlighted that the key to driving businesses forward was IT solutions, and the project was the springboard for Alphatec to evolve into the global software supplier it is today.

Alphatec still provides change management consultancy services, but our main focus now, is to provide specialist software, bespoke application development, and Business Intelligence expertise to transform and optimise our customers businesses.

1996
Alphatec was founded in Edinburgh
Alphatec was founded in Edinburgh

Formed as a Financial services consulting company specialising in banking services and concentrating on volume processing and cheque clearing. The company delivered this service in the UK & USA and was quickly established as a leader in this field.

2000
RBS NatWest integration consultants
RBS NatWest integration consultants

Alphatec were recruited by EDS as lead cheque clearing consultants to deliver automated billing and the integration of multiple IT platforms. At the time, this was the largest IT project in Europe, and lasted 2 years.

2004
Created automated cheque reconciliation and billing system

Alphatec designed and implemented a world first in cheque clearing software that gave the bank and EDS, the outsourcing processor, huge cost savings, increased productivity, and a fully auditable automated reconciliation platform.

Launched ClaimControl

The first software product for the insurance market. It initially covered claims, policies & costs. The software was well-received and immediately taken up by a construction maintenance company.

2006
Bank of America business analysis software
Bank of America business analysis software

Alphatec built business intelligence software and delivered it into the US check (cheque) clearing market. This was revolutionary at the time and meant that 7 years’ worth of daily transactions (approx. 7 million transactions per day) were reportable in seconds.

2007
Timebox UK Broker award, 2008
Timebox UK Broker award

Timebox was launched in 2007 and initially developed for Financial Services Sector.  It was immediately taken up by a number of Insurance Brokers, and awarded Technology Award by UK Broker Award.

2009
ClaimControl received European risk management award in 2009
European risk management award

New features and enhancements have been constantly added to our Claims Management software and our work was rewarded when we received the European risk management award in 2009.

 

 

2010
First European sale
First European sale

Volker Wessels purchase was driven when their UK subsidiary undertook an insurance audit, and Hans Gorree the insurance manager, elected to purchase the software for the whole group.

2013
Management buyout

Management buyout to focus on IT software solutions for insurance, risk, health & safety and legal cases.  Software that easily integrates to any other system.  The restructuring was led by David Grier and the other Directors are Brian Boyce and Simon Davies.