Bedell Fund Services Selects FrontInvest Alternatives for Fund Administration Operations

By Efront, PRNE
Sunday, April 17, 2011

ST HELIER, Jersey, April 18, 2011 - eFront, the leading software solutions provider for the
financial industry, today announced that Bedell Fund Services (BFS), the
independent fund administrator specialising in private equity, real estate
and infrastructure funds, has selected eFront's FrontInvest Alternatives to
support its administration operations. FrontInvest Alternatives is the global
frontrunner in alternative asset management platforms.

BFS is part of Bedell Group, headquartered in Jersey which provides legal
and fiduciary services. Working with world-class institutions, corporate
clients, intermediaries and high-net-worth individuals, Bedell Group offers a
broad range of specialist Channel Islands, Mauritius and BVI legal advice, as
well as offshore and onshore corporate services from offices in Jersey,
Guernsey, London, Dublin, Geneva and Mauritius. BFS currently offers fund
administration services from Jersey, Guernsey and London.

In response to the growth of its business and in order to
provide the best possible service to current and future clients, BFS selected
FrontInvest. BFS's aim is to increase productivity and enhance operating
procedures to complement its existing services. BFS wanted to partner with a
recognised brand and a team based in Jersey with a view to establishing a
long-term relationship.

"We have a diverse client base and we offer each and every
client a service designed to meet their exact administrative and accounting
requirements. As we provide both a full and tailored service, we need a very
flexible solution that is capable of delivering a top quality service to our
fund administration client base in a constantly evolving market. eFront met
all these requirements and we've been impressed with their extremely
well-qualified staff," said Michael Robinson, Managing Director, BFS.

"eFront has developed an excellent reputation in the European
fund administration industry with recognised well-established clients and
fast deployments," added Jeffrey Green, Head of Business Development at
eFront Ltd. "All our existing clients are actively using FrontInvest, which
has made the solution a first-class platform for administration and
accounting. We look forward to providing BFS with not only local support but
also an innovative solution. BFS is constantly responding to its clients'
growing needs with higher service delivery: we are very happy to be their
selected partner to accompany this exciting project."

About Bedell Group

Bedell Group is a leading offshore-based provider of legal and
fiduciary services with a network of offices in key financial centres.
Working with world-class institutions, corporate clients, intermediaries and
high net worth individuals, the Group offers a broad range of specialist
Channel Islands, Mauritian and BVI legal advice and offshore and onshore
corporate services with a client-focused approach.

About eFront

eFront is a leading software provider of solutions dedicated
to the financial industry with a recognised expertise in Alternative
Investments and Risk Management. eFront's solutions serve over 240 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
, Bonn and Jersey. eFront is a public company listed on NYSE Euronext.

Clémentine DENIEL - +33(0)1-49-96-40-60 - cdeniel at

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