eFront, the leading software solutions provider for the financial industry, today announced that Bedell Fund Services (BFS), the independent fund administrator specialising in private equity, real estate and infrastructure funds, has selected eFront's FrontInvest Alternatives to support its administration operations. FrontInvest Alternatives is the global frontrunner in alternative asset management platforms.
BFS is part of Bedell Group, headquartered in Jersey which provides legal and fiduciary services. Working with world-class institutions, corporate clients, intermediaries and high-net-worth individuals, Bedell Group offers a broad range of specialist Channel Islands, Mauritius and BVI legal advice, as well as offshore and onshore corporate services from offices in Jersey, Guernsey, London, Dublin, Geneva and Mauritius. BFS currently offers fund administration services from Jersey, Guernsey and London.
In response to the growth of its business and in order to provide the best possible service to current and future clients, BFS selected FrontInvest. BFS's aim is to increase productivity and enhance operating procedures to complement its existing services. BFS wanted to partner with a recognised brand and a team based in Jersey with a view to establishing a long-term relationship.
"We have a diverse client base and we offer each and every client a service designed to meet their exact administrative and accounting requirements. As we provide both a full and tailored service, we need a very flexible solution that is capable of delivering a top quality service to our fund administration client base in a constantly evolving market. eFront met all these requirements and we've been impressed with their extremely well-qualified staff," said Michael Robinson, Managing Director, BFS.
"eFront has developed an excellent reputation in the European fund administration industry with recognised well-established clients and fast deployments," added Jeffrey Green, Head of Business Development at eFront Ltd. "All our existing clients are actively using FrontInvest, which has made the solution a first-class platform for administration and accounting. We look forward to providing BFS with not only local support but also an innovative solution. BFS is constantly responding to its clients' growing needs with higher service delivery: we are very happy to be their selected partner to accompany this exciting project."
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