The new office, strategically located in the heart of Beijingâs central business district, will focus on addressing the private equity, real estate and infrastructure investment sectors in mainland China. In particular, a Beijing-based team of eFront consultants will provide implementation services and local support to eFront customers in the region.
Today China is one of the most entrepreneurially-endowed regions in the world. Chinaâs economy is propelled by robust private equity activity, and economists and experts anticipate the country will prosper for the next several decades at least. This promises large market opportunities for FrontInvest, eFront's flagship software suite for the alternative assetsâ industry.
The new office expands eFront's international footprint and consolidates its global leadership in the field of software solutions in Asia. Mr. Tarek Chouman, Managing Director, eFront Asia will lead the new entity.
âChina represents a very significant business opportunity for eFront, and we are investing in the presence that will demonstrate to our existing and new Chinese customers that we are serious about providing locally the first class solutions and services for which we are renowned worldwide,â commented Tarek Chouman. âWe know that China has a great amount of potential and we look forward to developing new relationships in this region.â