Alternative investment consultancy Lionpoint Group has partnered with eFront and Foresight Group to implement a fully integrated front-to-back office solution across all of Foresight's investment activities.
Lionpoint will act as project manager and lead consultant working closely with Foresight business representatives and eFront technical resources to configure and deploy eFront's flagship product, FrontInvest, as well as the latest version of eFront's market leading investor relations portal, eFront Investment Café.
Foresight manages some GBP2 billion of infrastructure and private equity assets in the UK, US, Southern Europe and Australia.
As an Enterprise Investment Scheme (EIS) and venture capital trust (VCT) managers, Foresight processes high volumes of data across disparate investment structures.
One of the key benefits of eFront's flexible end-to-end solution is allowing Foresight's specialist teams to access and manage information across the investment life cycle, using one common platform. The Lionpoint team will leverage their product and business expertise to help Foresight transform their business and optimise the benefits of the eFront READY solution.
Nick Moore, executive director of Lionpoint Group, says: "This project represents a great collaboration between the business, vendor and consultant to transform Foresight's business operations and maximize the benefits of eFront's state of the art, in industry leading software solutions. We are delighted to be partnering with both eFront and Foresight Group on this important project."
Tarek Chouman, chief sales and marketing officer of eFront, says: "We are thrilled to have been selected as Foresight's software partner and to be working in a collaborative fashion with our partner Lionpoint Group on the configuration and delivery of the software and services. eFront has unrivalled experience across alternative assets software, including in specialist areas such as EIS and VCTs."
Gary Fraser, chief financial officer at Foresight Group, says: "We understand the implementation phase requires dedication and commitment and have selected a combined team from Lionpoint Group and eFront to help us transform our business model and get the most out of our investment in the eFront product suite. Foresight's goals are to improve our internal business operations while delivering a market leading information sharing experience to our investors."
