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NRI to start providing service for managing alternative investments

Thursday, March 15, 2018
Opalesque Industry Update - Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced that the company has begun providing services, namely eFrontInvest in Japan. eFrontInvest, developed by eFront is for managing alternative investments.

Recently, more institutional investors are increasing their investments in alternative assets as long-term funds investment target. However, the decision-making process and management practice of alternative investments dramatically differs from traditional investment. As a result, the industry faces an imminent need for a better infrastructure, a need that is especially true for the Japanese market.

eFront provides leading edge software and solutions tailored to the alternative investment market around the world. Based on this success, NRI has made the decision to partner with eFront to introduce their main service, eFrontInvest, into the Japanese market. NRI will not only be selling eFrontInvest, but also providing implementation support and help desk services to customers.

eFrontInvest provides a sophisticated one-stop solution for the entire fund investment cycle, including communication and document management of due diligence, evaluation of investments, fund management and risk management. It covers a wide range of asset classes, including, private equity, real estate, infrastructure, and bank loans. Clients can use the service on a cloud-base web application, removing the need to set up servers or other terminals, and highly intuitive dashboard helps clients to improve the efficiency and accuracy of the investment.

An optional service, eFront Data Intelligence (EDI) also collects and converts all the data on investment performance into a uniform format, decreasing the clients' burden related data collection and conversion.

"It is NRI's prerogative to address the needs of alternative investment infrastructure, particularly as it pertains to operational efficiencies and support," said Katsuhiko Fujita, Senior Managing Director of NRI. "We felt that eFront understood these priorities and based on the company's track record, it was a strong fit for NRI to collaborate. NRI will provide the assistance and help desk services, and we together will bring the new values to the market."

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