London – Lionpoint Group (“Lionpoint”), a global leader in alternative investments operational consulting and advisory, has partnered with eFront and Foresight Group LLP (“Foresight”) 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 £2bn of infrastructure and private equity assets in the UK, USA, Southern Europe and Australia. As one of the UK’s leading 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 considerable product and business expertise to help Foresight transform their business and optimize the benefits of the eFront READY solution.
Nick MOORE, Executive Director of Lionpoint Group, said: “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 & Marketing Officer of eFront, said: “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 Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCTs).”
Gary FRASER, Chief Financial Officer at Foresight Group, said: “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.”
About Lionpoint Group – Lionpoint Group is a global advisory firm and eFront implementation partner focused on the Private Capital industry. Our tailored methodologies and industry specialists support our clients in achieving operational excellence in people, process and enabling technology. We provide strategy and project-based services in process optimization, technology implementation, and end-to-end operational improvement across the front, middle and back office. For more information, please visit www.lionpointgroup.com.
About eFront – eFront the leading financial software and solutions provider for managing alternative investments with recognized expertise in alternative investments management and risk management. eFront currently serves more than 850 customers in 48 countries, including major companies in the private equity, real estate investment, banking and insurance sectors. For more information, please visit www.efront.com.
About Foresight Group – Foresight Group is a leading independent infrastructure and private equity investment manager which has been managing investment funds on behalf of institutions and retail clients for more than 30 years. Foresight has over £2 billion of assets under management across a number of funds, including Listed Vehicles, Limited Partnerships, Enterprise Investment Schemes (EISs) and Venture Capital Trusts (VCTs). www.foresightgroup.eu