We are delighted to be partnering with BlackRock's eFront® Invest suite to support the ongoing growth of our Global Funds business.
The announcement builds on our long-standing relationship with eFront by adding new capabilities such as fund administration, investor services, AIFM and depositary-lite services.
Mike Hughes, Global Head of Service Lines commented, "We have great ambitions for our Global Funds business. It is one of our fastest-growing business lines and we have built tremendous momentum with our clients over the last six months. Evolving our partnership with BlackRock and investing in eFront's fund administration platform enables us to become part of a select class of go-to technology-enabled fund services providers."
We provide bespoke technology-led fund services across private market segments including private equity, venture capital, direct lending, real estate, and infrastructure focussed fund managers. Our expert teams simplify complexity, deploy technology, and use our market expertise to deliver across the life cycle of the structure they have established.
"As the role of asset servicers rapidly evolves, we are working in lockstep with our partners to configure innovations that empower them to scale, automate operations, and ultimately, deliver a seamless experience to their clients," said Tarek Chouman, Global Head of Business Development for the Aladdin Business at BlackRock. "This expansion is a true testimony to our decade-long collaboration with Ocorian and we are thrilled to evolve our partnership in support of their growth."
BlackRock's eFront platform will support us in offering full end-to-end asset servicing solutions to our global clients. On top of using eFront for our Central Administration and Transfer Agency support, we will leverage the platform for our depositary as well as management company services. Managing our full Global Funds business on the eFront platform will enable us to expand our product suite across multiple service lines and streamline data to better serve clients.
As part of the expansion, Investment Café—the eFront investor relations portal, will also be available to all our clients to help manage investor services by streamlining communication and securely sharing client information.
Visit our Global Funds page for more information about how our fund services can optimise your operations.