BlackRock Completes Acquisition of eFront – Industry Leading Alternatives Investment Software Provider
New York, Paris | May 10, 2019 – BlackRock, Inc. (NYSE: BLK) has completed the acquisition of eFront, the world’s …
London and New York | October 23, 2018 – eFront, the world’s leading alternative investment software and solutions provider, today announced a record number of users on its newly debuted solution, eFront Insight. As of September 30th, eFront Insight reached 1500 users, including both limited and general partners throughout the alternative investment industry.
eFront Insight digitizes the data exchange between LPs and GPs providing unprecedented levels of data granularity. Data from over 3000 funds and 35,000 assets is already available within the platform. This number grows rapidly as more LPs and GPs join eFront Insight and benefit from its intuitive delivery platform with sophisticated analytical tools empower them to dissect this data and generate superior insights.
Following the success of the eFront Insight platform, eFront will be launching additional features later this year. With a product roadmap filled with numerous innovative functions, the solution will continue to evolve, while anticipating and shaping the industry. Clients will be able to seamlessly upgrade and benefit from new developments thanks to eFront Insight’s SaaS delivery model.
Commenting on the news, Tarek Chouman, eFront’s CEO said, “We have noticed a lot of excitement towards eFront Insight throughout the industry. It makes us increasingly confident that this solution will break through traditional barriers and open up alternative investing. This is just the beginning, there is so much more to come and we are extremely excited about it”.
As a result of overwhelming industry enthusiasm, the team dedicated to eFront Insight has grown rapidly and now employs over 100 data analysts and solution architects globally, with plans to further expand by the end of the year.
For more information on eFront Insight visit our website: