Performance through Innovation

Alternative InvestmentsSolution for Real Estate Investments

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Acquisitions and DisposalsCash Flow Forecasting and ValuationBudgetingPerformance Monitoring and BenchmarkingRisk ManagementFund of Real Estate FundsFund Management and Investors ReportingBack-Office Operations

FrontInvest Alternatives

FrontInvestTM Alternatives

Key benefits■ Implement the best practices of

the real estate industry

■ Cover the full range of business activities, support day-to-day operations, and help build the strategic vision of the portfolio

■ Centralize, manage, and secure all the data and documents

■ Implement, enforce, and audit internal processes

■ Integrate external data, automate operations, and manage data exchange risks

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.

Simplify and Streamline Organizational ProcessesShare 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 DataCapture 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

Key benefits■ Implement client-specific models

beyond the standard FrontInvest models

■ Enforce processes around the budgeting processes

■ Automate the monitoring of budgets

■ Monitor and slice and dice the positions and performance of the portfolio

■ Automate the production of key reports.

■ Perform real-time analysis through dashboards

■ Conduct in-depth analysis of the portfolio to be aware of, understand, and prevent key investment risks

■ Automate back-office operations, helping to manage operational risks and prevent time-consuming tasks

■ Easily create reports for investors and third parties

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 PerformancePerformance 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 RisksFrontInvest 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.

Improve Fund Management and Investor RelationsFrontInvest 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 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.

FrontInvest Technical InfrastructureFrontInvest 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.

Other Available SolutionsFrontInvest Alternatives for Real Estate Investments is one of the many solutions offered by FrontInvest Alternatives. Other solutions include :

■ 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

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FrontInvest Alternatives

About eFront

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.

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