eFront, a leading software provider of financial solutions for managing alternative investments, is pleased to announce that it has been named the European Front Office Provider of the Year by funds europe magazine, the premier journal for asset management professionals in the pan-European investment fund business. eFront earned this honor for the latest version of its FrontAnalytics solution for fund managers and investors. The award recognizes the most innovative product for fund management professionals, related to any number of front office functionalities including portfolio analytics and decision support, deployed within the past July-June twelve-month period.
The eighth annual funds europe awards, held on Thursday, 29 November 2012 at the Tower of London, recognized personal and company achievements and contributions within the European funds community. The Awards publicly credit those who have advanced the cross-border agenda for fund management and investment. Award categories for 2012 included individual and company awards, institutional investor awards, specialist awards, business awards and support awards. The support awards category encompasses the operations and technology provider award won by eFront.
Each category was judged by panels of leading professionals from within the funds industry.
“We are thrilled to have been named Front Office Provider of the Year by funds europe magazine with recognition of FrontAnalytics, our solution for analyzing portfolio, fund and asset-level data in ways not previously possible,” commented Olivier Dellenbach, eFront founder and CEO. “Portfolio, investment and fund managers need insights in order to make more informed investment decisions.”
FrontAnalytics allows investment professionals to use dashboards with real-time filtering to quickly understand fund and portfolio performance across a myriad of variables in order to take more profitable actions.
Nicholas Pratt, Technology Editor at funds europe, added, “eFront specializes in the analysis of data for non-listed assets. As the industry continues to demand greater risk management and more transparency, acquiring and analyzing critical data in the non-listed market is a challenge. eFront’s FrontAnalytics system is therefore addressing a key concern for alternative managers and their investors. The judges were also impressed by eFront’s efforts to make FrontAnalytics increasingly web-based and highly configurable while enabling the creation of custom dashboards.”