Aztec Group News

Aztec Group press the button with FundMagic

Friday, May 01, 2009

Aztec Group has concluded the second phase of its implementation of eFront Financial Solutions' FrontInvest, by successfully integrating it with FundMagic, the secure subscriber portal, across a number of its clients based in Jersey and Guernsey.

As well as facilitating efficient automated communication, Fund Magic offers GP's and their LP's with numerous benefits through a secure subscriber portal, including distribution of LP communications; capital account summaries; portfolio analysis and document management.

Aztec Group has partnered with eFront since 2006, implementing their highly configurable FrontInvest system which now manages the administration and accounting data for 40 client funds across the Aztec Group, totalling over $26billion in assets.

Paul Harrison, Head of Financial Systems at the Aztec Group commented "We believe that embracing the right technology is fundamental to delivering the most comprehensive and efficient fund administration service in the market place. FundMagic has certainly enabled us to achieve enhanced communication lines with our clients and their investors."