eFront Strengthens its Management Team on the Heels of a High-Growth 2012

Paris - 12 June 2013

eFront, a leading software provider of financial solutions for managing alternative investments, is pleased to announce the addition of two new executives to its management team as well as an independent, non-executive director.

Joining the company are Chief Operating Officer Paul Wheeler and Vice President Global Services and Support Richard Watrasiewicz. And joining the company’s board of directors is Kirsten English. These individuals will support eFront’s tremendous recent momentum that includes adding over 70 new customers in 2012, acquiring the market-leading investor portal platform, Investment Café, releasing a new version of FrontInvest, and continuing to expand throughout Asia, Europe and North America via new offices and clients.

“These additions to the eFront’s team will strengthen our ability to deliver to our global customer base,” said eFront CEO Olivier Dellenbach. “I welcome Paul and Richard to our management team and Kirsten to our board of directors at this exciting stage of our development. I am confident that with these additions to our management, we will succeed in furthering our leadership position in business solutions for the alternative investments industry.”

Kirsten English, Independent Non-Executive Director, will join the company’s board of directors, providing strategic thinking and guidance to the management and rest of the board. Kirsten has more than 25 years of experience in the industry and will provide useful new insights. She has worked with several other financial technology growth companies as a director including Birdstep Technology and Contis Group.
Paul Wheeler, COO, is responsible for managing eFront’s global operations as well as corporate finance, marketing, R&D, information technology and human resources. Paul has previously held senior leadership positions at Wall Street Systems, Trema, Geac, and Baan.
Richard Watrasiewicz, VP Global Services and Support, is responsible for solution delivery and support operations globally. He will help evolve our client offerings and deepen our client centric orientation, focused on client satisfaction. Richard’s recent roles include growing and managing the professional services organizations at Temenos, Misys and Odyssey.
The talents of the new senior executives will ensure continued growth and client success for eFront. Recent company highlights include:

• 30+% top-line CAGR over the past five years
• Eclipsing more than 450 clients worldwide
• Clients in 7 new countries including Australia and Japan
• The opening of new offices in Sydney, Abu Dhabi and San Francisco
• Acquiring the Investment Café investor reporting and portal platform
• Launching a new version of the company’s flagship product, FrontInvest
• Winning the Funds Europe 2012 European Front Office of the Year award

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