Technology supports rapid PE expansion in Mauritius
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Technology supports rapid PE expansion in Mauritius 17 April 2014 Mauritius Reporter: Georgina Lavers
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International Financial Services, one of the largest fund administrators in Mauritius, has gone live with its implementation of eFront’s FrontInvest. The implementation aims to 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.
“The hard work and commitment from both eFront and our resources resulted in a fast and successful implementation,” commented 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 and the 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.”
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