JTC Group Adds eFront Platform for Fund Administration

JTC Group has selected eFront’s FrontInvest as the IT platform for JTC’s funds business.

JTC expanded its fund administration business with two acquisitions in 2013 (Ardel Fund Services and Anson Fund Managers), and the new platform will help JTC fulfill regulatory, financial and tax reporting requirements.

“This has been a period of rapid growth for the funds team, boosted last year by the acquisitions and the opening of an office in the U.S., the latter move serving as a gateway into Latin America. Investment in this market-leading IT platform supports our international growth strategy and has the flexibility we require as we deliver an increasing range of cross-border fund services,” says Miranda Lansdowne, group director—Fund Services, at JTC Group.

The alternative fund administration industry has been and continues to be a key strategic market for eFront. We are very pleased to have expanded our presence in the Channel Islands and Luxembourg through this partnership with such a fast growing, focused and professional organization as JTC Group,” says Paul Wheeler, chief operating officer at eFront.