Paris, Luxemburg | March 15, 2018 – eFront, the leading technology provider to alternative investment professionals, announced today that Luxembourg Investment Solutions (LIS), a leading third-party UCITS management company and AIFM, has gone live with the eFront Invest solution.
The solution deployed covers a number of business modules for portfolio administration and management, fund and investor management and accounting, as well as reporting tools, for both direct and indirect private equity asset classes.
Thanks to eFront Invest, LIS will be able to streamline and enhance its investor reporting process, while reducing operational workload. The solution will help LIS consolidate all databases and reporting systems into one single data and reporting platform for their real assets product range, reducing complexity, and thus improve overall efficiency. LIS is also able to leverage the solution to provide its investors with accurate fund level data, in a quick and automatic fashion.
Dr. Thomas Goergen, Managing Director of LIS commented “Working with eFront is working with a partner that is an expert in our core asset classes and who understands our unique needs”.
Tarek Chouman, CEO of eFront added “We are very pleased that LIS is now fully operational on eFront Invest. LIS is cementing eFront’s presence in Luxemburg, where we intend to invest and reinforce our local presence in 2018. eFront’s goal is to better serve our large number of existing clients while ensuring the whole Luxemburgish alternative investment industry can easily access our expertise”.
LIS is the leading 3rd party AIFM in Luxembourg when it comes to RE, PE and Debt funds. LIS is servicing more than 130 AIFs and is part of Sanne Group Ltd. a LSE listed company. For more information please visit lis-aifm.com.