With over $25 billion of assets under management and administration, the EFG
Bank Group offers private clients a complete service known as Total Wealth
Management. This embraces private banking, investment and asset management,
succession planning, corporate finance and offshore services. Fund management is an increasingly important part of this EFG Group service. A number of funds have been developed covering a wide spectrum of investment ideas and risk profiles. Core funds include multi-manager funds but also fund of funds and hedge funds.
EFG Luxembourg acts as administrator and custodian for the top performing EFG Fund Family. Its priorities include developing sophisticated management technology, meeting the evolving needs of fund managers and providing a top quality service to clients. In order to address these requirements, EFG Luxembourg has worked with SunGard Investment Management Systems to implement GLOBAL PORTFOLIO II and its customized Web module. GLOBAL PORTFOLIO II Web module provides the right information at the right time in the right format. Reports are automatically generated in PDF and Excel format.
Eric Kata, head of fund department, EFG Private Bank Luxembourg, commented,
"GLOBAL PORTFOLIO II has evolved to meet the needs of today's fund management market. With the Web module, information is online and open to a larger audience. Reports are now readily available not only to fund managers but also to distributors who may then use it for marketing purposes. As these reports are in PDF and Excel format, this means we can increase productivity and improve quality. In addition, we can reduce telephone and fax costs by distributing reports via e-mail which are then easily archived. With the advanced technology and high quality of GLOBAL PORTFOLIO II, EFG has full support for future strategies such as further expanding our service to include new hedge funds and third party clients."
Xavier Borderies, GLOBAL PORTFOLIO II product director, added, "GLOBAL PORTFOLIO II evolves according to our clients needs and wants. The user friendly reports produced by GLOBAL PORTFOLIO II and its Web module improve
the information flow to, at and from EFG and so improve the EFG fund management structure. EFG promises a first class service to its clients and SunGard offers a software solution to help them provide such a service".
