Quilvest Private Equity adopts eFront’s suite of investment management solutions

eFront Software SolutionsQuilvest Private Equity adopts eFront’s suite of investment management solutions

Jul

17

July 17 , 2017 | Posted by eFront Solutions |

Quilvest Private Equity adopts eFront’s suite of investment management solutions

Luxembourg | July 17, 2017 – eFront, the leading financial software and solutions provider for managing alternative investments, announces that Quilvest Private Equity has successfully adopted its state-of-the-art eFront Invest system to fully integrate its global investment management and fund administration platform.

Quilvest is one of the first firms in the alternative assets industry to handle such a wide deployment of eFront modules. Quilvest believes that this ambitious move will benefit its investors given the advanced reporting and relationship management features of the new system. Furthermore, this global and open platform will enable real-time front-to-back cooperation, resulting in enhanced portfolio monitoring and performance tracking. As Quilvest seeks to launch its fund servicing capabilities from a dedicated Luxembourg base, it is a prime value proposition for other alternative investment managers looking to access expert fund administration services.

Quilvest has been advised by Deloitte Luxembourg on the implementation of the system which is now in its final phase and is expected to be fully complete in the fourth quarter of 2017.

Tarek Chouman, Chief Sales & Marketing Officer of eFront, said, “We are delighted that Quilvest has renewed its confidence in eFront and chosen to adopt our industry leading solutions to manage full front-to-back fund processing. The scalability and flexibility of eFront Invest is perfectly suited to managing different levels of reporting and complexity within the alternative investment market and we wish Quilvest every success going forward.”

Johann Dumas, Chief Financial Officer of Quilvest & Partners, said, “As a global alternative asset investor and manager, we believe that adopting advanced technology is key to the success of our business expansion. eFront technology offers tailor-made, flexible solutions which enable our business to adapt quickly to an ever-evolving market. This, combined with our team of experienced professionals, better positions Quilvest to support the investment strategies of its clients and partners. Such alignment of interest forms a fundamental part of our pioneering DNA in building strong partnerships for the long-term.”

Basil Sommerfeld, Partner at Deloitte Luxembourg, said, “We are extremely satisfied in the joint success of this implementation. We strongly believe that technology is necessary to align the services to investors’ needs, sustain growth, as well as maintain margins. We are delighted to have given our support to Quilvest & Partners in the definition of their operational strategy and the positive results of its implementation. This reaffirms Deloitte’s position in the market as a trusted advisor in supporting our clients through their transformation journey.”