eFront, a leading software provider of financial solutions for managing alternative investments, is pleased to announce that a leading Channel Islands fund administrator has chosen eFront as its solution provider.
Sanne focuses on alternative investment funds and serves clients in Europe, the Middle East and Asia. The firm has implemented FrontInvest to automate and streamline their front-, middle- and back-office operations in order to support their planned growth.
Sanne was founded in 1988 and is recognized as a leading independent, global provider of fund and corporate administration services, with a particular focus on alternative investments. The firm and its 300 employees provide dedicated services for three major alternative asset classes—private equity, real estate, and debt—and offers full-service solutions, including bespoke administration, financial reporting, transaction management and governance services. Headquartered in Jersey, Channel Islands (UK), Sanne also operates from offices in Guernsey, London, Dublin, Luxembourg, Dubai, Hong Kong, Singapore and Shanghai.
Poised for growth, Sanne sought a platform which could deliver a robust, integrated solution with strong operational controls over core processes, while maintaining the flexibility to continue to offer clients a bespoke service.
By choosing eFront, Sanne is able to leverage tools to streamline core business processes and enhance their administrative control through integrated workflows. A critical factor for Sanne was that eFront solutions will scale-up effortlessly and grow with the business.
“We wanted to find a vendor that could provide us with local support in our key jurisdictions,” explained Tamara Williams, Director of Private Equity at Sanne Group. “As a business we continue to grow within our core markets and eFront proved to us that their end-to-end solution will support sustainable long-term growth.”
“We are truly excited to have Sanne within our growing family of international fund administrators,” commented Béatrice Vachonfrance, eFront’s Director of Business Development. “This further demonstrates our leadership in serving firms in the alternatives space that operate in many different jurisdictions on many continents.”