International Financial Services Ltd. Implementation of FrontInvest Goes Live
Mauritius, April 17, 2014 – eFront, the leading software provider of financial solutions for managing alternative investments, is pleased to announce that International Financial Services Ltd., (IFS) of Mauritius, one of the largest fund administrators in the region, has gone live with its implementation of FrontInvest. The implementation, which was accomplished both quickly and smoothly, will support and enhance the IFS private equity fund administration operations.
With Mauritius experiencing a rapid private equity market expansion and constantly increasing expectations from its clients, IFS needed to enhance its fund administration operations with the latest technology. Late last year, the company moved to eFront as its technology partner, recognizing eFront’s industry and regional leadership, as well as its technological innovation.
The eFront team worked very closely with IFS during the last few months in order to fully understand their business challenges and adapted the solution to their specific needs, including built-in best practices. Moreover, the implementation was accomplished without any disruption to IFS operations—all while meeting every deadline. And, eFront’s ongoing support will make sure that IFS continues to benefit, no matter how much they grow or how much the market changes.
“The hard work and commitment from both eFront and our resources resulted in a fast and successful implementation,” commented Messrs. Couldip Basanta Lala and Dev Joory, Founders of IFS. “This new technology tool will allow us to provide our clients with the best services possible, especially rapid high-quality service delivery. Also, the flexibility and scalability of the eFront solution ensures that it will continue to serve us as we grow and evolve with the market.”
“We are delighted with the success of our implementation and our partnership with IFS,” commented Tarek Chouman, COO of eFront Asia & Middle East. “Of course, successful implementations are always the result of a close working partnership. The professionalism, flexibility and responsiveness of both teams made all the difference.”
About International Financial Services, Ltd.
IFS is a leading management company incorporated in Mauritius and licensed by the Financial Services Commission (FSC) to provide advisory and management services for international businesses. It is also a member firm of the Institute of Chartered Accountants in England and Wales as well as a Platinum Member of the Association of Chartered Certified Accountants (UK). Its aim is to be a recognized leader in providing value added regional and international tax, corporate and business advisory services. The objective is to provide the highest quality service in the fastest response time to match the expectations of international clients, and to help them capitalize on opportunities arising anywhere in the world. For more information, please visit http://www.ifsmauritius.com/index.php.