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FrontInvest Alternatives
Alternative Investments
Solution for Real Estate Investments
Acquisitions and Disposals
Cash Flow Forecasting and Valuation
Budgeting
Performance Monitoring and Benchmarking
Risk Management
Fund of Real Estate Funds
Fund Management and Investors Reporting
Back-Office Operations
For more information:
www.efront.com
[email protected]
FrontInvest Alternatives
TM
FrontInvest is a Web based solution that offers an integrated platform covering front-,
middle-, and back-office operations across the real estate investment industry.
A Full Suite of Solutions for Real Estate Investors
FrontInvest enables the management of real estate assets (direct and fund investments) from a
frontoffice and back-office perspective. FrontInvest enables the simplification and streamlining of
organizational processes to capture assets and market data; to model assets; to forecast and
consolidate cash flows; to create, manage, and monitor the budgeting process; to monitor and
report on performance; to manage investment risks; to report to investors; and to facilitate
back-office operations.
Key benefits
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Implement the best practices of
the real estate industry
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Cover the full range of business
activities, support day-to-day
operations, and help build the
strategic vision of the portfolio
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Centralize, manage, and secure
all the data and documents
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Implement, enforce, and audit
internal processes
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Integrate external data, automate
operations, and manage data
exchange risks
Simplify and Streamline Organizational Processes
Share Information with CRM and Document Management
FrontInvest enables the centralization of contact information and documents. Additionally, any user
can quickly view business interactions, meetings, and tasks across an entire organization, aiding in
the streamlining of business processes such as Investor relations, pipeline management, and
portfolio management. To avoid the duplication of contact information, FrontInvest can be
synchronized with Microsoft Outlook and Exchange.
Manage the Workflow and Standardize, Enforce and Audit Processes
The workflow management feature automates and facilitates organizational processes such as the
investment pipeline, the budgeting approval and monitoring processes, the valuation process, and
the processing of transactions. Clients can replicate their real-world business activities and their
general day-to-day operations, such as managing the stages of investment review; managing
underwriting cases and terms, contacts, tasks, and reminders; and scheduling meetings. Internal
processes can be audited and benchmarked against best practices.
Capture, Secure, and Analyze Assets and Market Data
Capture Assets and Market Characteristics
FrontInvest captures, stores and backs up the full scope of characteristics of real estate investments,
such as complete lease details, historical cash flows, budgets, valuations, development projects, and
projections, as well as market data or external benchmarks used to monitor investments.
Smooth Data Exchange and Integration
Data integration is a critical element of the real estate business. FrontInvest provides a full set of
features to facilitate data exchange and integration with external parties (asset managers, general
partners, providers of benchmarks or market data, etc.) and other real estate software. Data such as
asset characteristics, market data, benchmarks, cash flows or general ledgers can be automatically
loaded in the software, avoiding time-consuming and risky manual operations. The system supports
widely used valuation and property management standards, as well as OSCRE (PISCES) and reXML
standards.
Model Assets, Forecast Cash Flows, and Analyse the Portfolio
FrontInvest’s Modeling module offers investment managers the ability to perform fully automated
underwriting of assets, and to perform a what-if analysis on their portfolio. Underwriting becomes
a one-click exercise, helping managers focus on monitoring performance and managing the risks of
their portfolio.
FrontInvest consolidates projections at the portfolio level and offers a strategic vision of the
portfolio in terms of projected valuations and cash flows. This analysis is a critical decision-making
tool for our clients to pilot their medium- and long-term strategies and risks.
Solution for Real Estate Investments
Create, Manage, and Monitor Budgets
FrontInvest budgeting tools include the automatic creation of budgets based on assets information
(through the Modeling module), the management of the internal budgeting process (initial budgets
and reforecasts) within the client’s organization, and the monitoring of budgets. Actual figures can
be automatically loaded; FrontInvest automates the analysis of the budget variance, whether for an
individual investment or at the portfolio level.
Report and Monitor Performance
Performance indicators (IRRs, multiples, capital, income, total returns, etc.) are automatically
calculated by FrontInvest. In one click, managers can monitor their positions and track key
performance indicators of individual assets, a subset of the portfolio (by asset class or geography,
for instance), or the whole portfolio. FrontInvest automates the benchmarking of the portfolio
against real estate indexes.
FrontInvest offers a set of dashboards for managing directors where real-time information can be
displayed for analysis and reporting. FrontInvest’s reporting capability facilitates ongoing
performance management and reports.
Manage Investment Risks
FrontInvest reporting and modeling capabilities offer risk managers the ability to perform detailed
analysis on the key risk factors of assets and portfolios, and perform what-if analyses. Analyses such
as the leverage of the portfolio and the monitoring of covenants, exposure to specific geographies
and asset classes, top key tenants, roll over risks, and exposure to third parties (co-investors, banks,
asset managers, fund managers, etc.) are fully automated.
Key benefits
■
Implement client-specific models
beyond the standard FrontInvest
models
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Enforce processes around the
budgeting processes
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Automate the monitoring of
budgets
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Monitor and slice and dice the
positions and performance of
the portfolio
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Automate the production of key
reports.
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Perform real-time analysis
through dashboards
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Conduct in-depth analysis of the
portfolio to be aware of,
understand, and prevent key
investment risks
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Automate back-office operations,
helping to manage operational
risks and prevent time-consuming
tasks
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Easily create reports for investors
and third parties
Improve Fund Management and Investor Relations
FrontInvest manages any type of real estate structure and can capture master-feeder fund
structures and complex organizational management, such as management companies and special
purpose vehicles, as well as securitized and unitized funds.
FrontInvest automates the processing of transactions with fund investors (calls, distributions,
management fees, etc.), including the waterfall distribution process, and enables the monitoring of
contributions and distributions to and from investors, as well as the key performance of each
investor.
FrontInvest’s reporting tool enables clients to define their own reports and bespoke specifications
on an on-going and ad-hoc basis in order to produce key quarterly and annual reports, as well as
reports to be distributed to investors and third parties.
To ease communication with investors, general partners may grant limited partners access to an
investor portal through which the general partner can efficiently communicate with investors.
Facilitate Back-Office Operations
FrontInvest provides extensive capabilities to manage complex real estate investment structures.
The solution can capture any level of complexity in equity pick schemes, ownership positions, and
structured vehicles, as well as track financing inclusive of leverage.
The management of transactions is automated thanks to Frontinvest‘s workflow management
feature and guided data entry, which prevents errors and helps manage the operational risks
inherent to back-office operations.
FrontInvest’s Accounting module handles clients’ business transactions and the operations of an
accounting team. The Accounting module allows the concurrent implementation of multiple charts
of accounts in order to comply with respective national and international standards.
FrontInvest Alternatives
FrontInvest solutions are specifically designed for alternative asset investors. Quality and
performance are essential in the alternative asset industry. To that end, FrontInvest aids principal
investment firms in staying abreast of investor demands, external regulations, and the competition.
FrontInvest’s benefits are applicable to private equity, real estate investments, fund of funds, and
fund administrators.
United States
FrontInvest Technical Infrastructure
Canada
FrontInvest is a pure Web solution, accessible through Internet browsers, and uses standard
Internet protocols. The underlying architecture is a sophisticated platform that makes use of
Microsoft.NET software, an industry-standard platform, and draws upon relational databases
(Oracle or MS SQL). FrontInvest can easily be installed at client sites or hosted by eFront.
11 East 44th Street
Suite 700
New York
NY 10017
Tel: +1 212 220 0660
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Montreal (Quebec), H3A 2R7
Tel: +1 514 360 3477
United Kingdom
Other Available Solutions
44A Floral Street, Covent Garden
London, WC2E 9DA
Tel: +44 207 420 06 40
FrontInvest Alternatives for Real Estate Investments is one of the many solutions offered by
FrontInvest Alternatives. Other solutions include :
France (HQ)
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FrontInvest Alternatives for General Partners investing in direct private equity
FrontInvest Alternatives for Limited Partners/Pension and Sovereign Funds
FrontInvest Alternatives for Fund of Funds
FrontInvest Alternatives for Infrastructure Investments
FrontInvest Alternatives for Fund Administrators
FrontInvest Alternatives for Fund of Hedge Funds
FrontInvest Alternatives Cash Flow Forecasting and Risk Management
2/4, rue Louis David
Paris, 75116
Tel: +33 1 49 96 40 60
UAE
eFront FZ LLC
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Dubai, PO Box 502736
Tel: +971 4 437 0740
Hong Kong
8/F Two Exchange Square,
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Hong Kong
Tel: +852 2297 2856
About eFront
Germany
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 200 customers in more than 30 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, Paris (HQ), Dubai, Hong Kong, Bonn, and Jersey. eFront is a public
company listed on NYSE Euronext.
www.efront.com
Copyright © 2010 eFront. All rights reserved.
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