SINGAPORE, December 20, 2011 /PRNewswire/ --
eFront, a leading software provider of solutions for the alternative investment market, is pleased to announce the opening of its Singapore office in the heart of the city's financial and trade center. eFront continues to demonstrate its support of the rapidly growing alternative investments market in Asia by adding a third office to the region.
The new office will focus on addressing the private equity, real estate and infrastructure investment sectors. Complementing the teams operating out of Hong Kong and Beijing, the Singapore-based team of eFront consultants will provide local implementation service and support to eFront customers in South-East Asia.
With its mature financial infrastructure, Singapore is considered one of Asia's foremost financial centers and is an important hub for foreign investments in growing Asian economies such as India, Indonesia, Vietnam and Malaysia. The alternative investments industry is a well-established sector in the local financial environment, making it an ideal location for a new eFront office in the larger South-East Asia region. Mr. Tarek Chouman, Managing Director, eFront Asia, will lead the new entity.
"eFront's entry into Singapore is a game changer for companies with alternative investment operations in the broader Asia-Pacific region. To now have eFront's experience available locally will benefit clients greatly," commented Tarek Chouman. "South-East Asia has a great amount of potential and we look forward to developing new relationships in this region."
In addition to Singapore, eFront has offices in Beijing, Hong Kong, Dubai, New York, Montreal, London, Jersey, Paris and Bonn.
eFront is a leading software provider of solutions dedicated to the financial industry with a recognized expertise in alternative investments and risk management. eFront's solutions serve over 260 customers in more than 34 countries, including major companies in the private equity, real estate investment, banking and insurance sectors. Founded in 1999, eFront has offices in New York, Montreal, London, Jersey, Paris (HQ), Bonn, Dubai, Singapore, Hong Kong and Beijing.