TOKYO, December 3, 2015 /PRNewswire/ --
eFront, a leading software provider of financial solutions for managing alternative investments, has announced that Alternative Investment Capital Limited (AIC), a Japanese management firm specializing in private equity investments, has chosen eFront's flagship FrontInvest solution in combination with its innovative eFront Investor Cloud (EIC) solution to integrate the firm's operations and streamline its alternative investments data workflows. FrontInvest is the industry's leading end-to-end solution for both investors and fund managers. EIC provides services to limited partners by collecting and validating performance data from fund managers.
(Logo: http://photos.prnewswire.com/prnh/20151203/293123LOGO )
AIC was founded in 2002 as an investment management firm in Japan focusing exclusively on alternative assets. The firm is headquartered in Tokyo and primarily serves Japanese institutional investors and pension funds. As of 2015, AIC has nearly $USD2.9 billion in AUM, spread across six fundof funds, and provides discretionary management andadvisory and monitoring services to its clients.
AIC sought a solution provider capable of delivering a fully integrated Japanese language system that streamlines all of their operations, from initial cash-flow data input to final report production.
In choosing eFront's FrontInvest, the firm will realize significant cost and time savings in addition to greater data availability and accuracy. Also, FrontInvest's pre-configured reports and dashboards, report producing capabilities, and built-in report library will enable AIC to optimize its operations and portfolio analysis to gain greater exposure and performance insights.
Significantly, eFront's EIC service is completely integrated with FrontInvest. EIC will progress the efficiency in the collection, conversion and validation of the performance data provided by fund managers, which is typically delivered in many different formats.
"eFront is the only system provider to offer us end-to-end streamlining for our fund operation from data input to reporting - in Japanese," commented Takeharu Horikawa, Managing Director, AIC. "What's equally important is that eFront's EIC cloud service will centralize all of the underlying portfolio company data from our GPs. This combined approach provides unparalleled value to us."
"We're delighted to welcome AIC into the eFront family of clients," explained Oliver Johnson, eFront's Managing Director, SEA. "Our rapid expansion in Japan is, in part, due to our ability to serve local needs and provide a complete reporting system in the Japanese language."
About Alternative Investment Capital Ltd.
Founded in 2002 and based in Tokyo, Alternative Investment Capital Limited was established as Japan's first investment management and advisory firm specializing in private equity investments. It has provided both discretionary investment management, advisory, and monitoring services in private equity fund investments for Japan's institutional investors and pension funds. Alternative Investment Capital Limited continues to secure a leading position in private equity investments as a bridge between Japan and the rest of the world. For more information, please visit http://www.aicapital.co.jp.
About eFront
eFront is a leading provider of software solutions dedicated to the financial services industry with recognized expertise in alternative investments and risk management. eFront currently serves more than 800 customers in 48 countries, including major companies in the private equity, real estate investment, banking and insurance sectors. Founded in 1999, eFront has offices in Asia, Europe, the Middle East and North America. For more information, please visit http://www.efront.com.
Share this article