South African Firm Selects eFront

Johannesburg investment group Kagiso Tiso Holdings (KTH) has gone live with FrontInvest, the flagship product from alternative asset software provider eFront, to support its investment operations.

Following last year's creation of KTH through a merger between Kagiso Trust Investments and Tiso Group, KTH decided it needed an integrated deal flow and portfolio management system on both asset and liability sides to support the newly combined investment portfolio. The implementation of FrontInvest lasted six months and provided KTH with centralized portfolio data, workflow and deal opportunity tracking, comprehensive management dashboards and consolidated performance views.

"As our business continues to expand and African markets evolve, we need a comprehensive platform that can manage all of our direct investments across various industry sectors," says William Cosby, investment director at KTH. "eFront FrontInvest not only addresses the various needs of our investment teams, but it also has the flexibility to be implemented very quickly. The solution provides us with a single, configurable system that will keep up with our growth."