London, Wednesday 9th November, 2016 – eFront, the leading financial software and solutions provider for managing alternative investments, has been selected by Foresight Group LLP (“Foresight”) to provide a fully integrated front-to-back-office solution across all of Foresight’s investment activities.
Foresight will adopt eFront’s flagship product, FrontInvest, as well as the latest version of eFront’s market leading investor relations portal, eFront Investment Café.
Foresight was established in 1984 and manages some £2bn of infrastructure and private equity assets in the UK, USA, Southern Europe and Australia. As one of the UK’s leading VCT and EIS investment managers, Foresight processes high volumes of data across disparate investment structures.
eFront’s flexible end-to-end solution will allow Foresight’s specialist teams to view information across the investment life cycle, using one common platform. The fully hosted solution covers contact management, deal flow, portfolio management, and fund management, with full mobile access across all devices.
Gary FRASER, Chief Financial Officer, at Foresight, said: “We were looking for a software solution provider who could fully comprehend and cater for our specific needs and eFront’s hosted cloud solution fits the bill. We look forward to working with eFront to further streamline our internal information flows and to deliver an ever better reporting experience for our investors.”
Tarek CHOUMAN, Chief Sales & Marketing Officer of eFront, said: “We are delighted to have been selected as Foresight’s software partner. eFront has an unrivalled experience across the alternative assets software landscape, including specialist areas such as Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCTs). In addition, our large London-based team of more than 70 professionals complements our industry leading solution with on-the-ground specialist support.”
eFront has partnered with Lionpoint Group as our integration partner and lead consultant to configure and deliver the FrontInvest solution to Foresight.
Nick MOORE, Executive Director of Lionpoint Group, said: “We are delighted to be partnering with both eFront and Foresight on a collaborative approach to this important project”
About Foresight Group (“Foresight”)
Foresight is a leading independent infrastructure and private equity investment manager which has been managing investment funds on behalf of institutions and retail clients for more than 30 years. Foresight has over £2 billion of assets under management across a number of funds, including Listed Vehicles, Limited Partnerships, Enterprise Investment Schemes (EISs) and Venture Capital Trusts (VCTs). www.foresightgroup.eu
About Lionpoint Group
Lionpoint Group is a global advisory firm and eFront implementation partner focused on the Private Capital industry. Our tailored methodologies and industry specialists support our clients in achieving operational excellence in people, process and enabling technology. We provide strategy and project-based services in process optimization, technology implementation, and end-to-end operational improvement across the front, middle and back office. For more information, please visit www.lionpointgroup.com