A North American Development Organisation goes Live on Framework
09/02/2010

London - September 1, 2010 - A prominent North American development organisation that provides financing, consulting services and venture capital has selected 3i Infotech - Framework, the leading UK provider of software solutions to the global private equity community, to manage its venture capital investment portfolio.

Online PR News – 02-September-2010 – – A North American Development Organisation goes Live on Framework
Agreement extends North American footprint for private equity software provider
London - September 1, 2010 - A prominent North American development organisation that provides financing, consulting services and venture capital has selected 3i Infotech - Framework, the leading UK provider of software solutions to the global private equity community, to manage its venture capital investment portfolio.
The deal provides the Canadian organisation - which focuses on providing support for small and medium sized enterprises - with a comprehensive overview of its entire investment fund.
The front, middle and back office teams can now be provided with a single, integrated source of up-to-date information and data. This enhances portfolio monitoring and risk reporting, streamlines the decision making process and provides users with a one-stop shop for all future venture capital data requirements.
As part of the agreement, Framework will enable the organisation to:
Capture all new investment requests and track the investment authorisation process
Enter qualitative and quantitative information on existing data to improve the management of the investment portfolio
Perform a regular scheduled valuation across all investments, using the valuations module
Process all financial transactions and import and export specific data sets
Quickly produce up-to-date statistical reports to satisfy shareholder requests for information
“The integration of Framework into this prominent organisation is a significant achievement and a major milestone in the expansion of 3i Infotech – Framework into North America,” said Elspeth Goodchild, Managing Director, 3i Infotech - Framework.
“As the organisation’s investment portfolio has grown, the company quickly found that its infrastructure was composed of a series of tools and applications with minimal integration. We worked closely with the organisation to implement Framework – providing the business with a means through which to continue to develop its investment portfolio and grow.
“With a strong customer following within the European markets, we look forward to tackling further the challenges within the North American private equity market and extending our existing industry footprint.”
About Framework
Framework is a complete, end-to-end, alternative assets software solution which helps manage risk, enables transparency and increases operational efficiency for all types of organisation across the entire private equity market.
Framework is used by firms in Europe, North America and the Middle East which collectively manage over US$200 billion of alternative assets. These firms include private equity and venture capital groups, real estate investors, administrators, fund of funds, development funds and corporate funds.www.3i-infotech.com/framework
About 3i Infotech
3i Infotech provides software products and IT services for the Manufacturing, Retail & Distribution; Banking, Financial Services & Insurance (BFSI); and Government verticals. The Company's quality certifications include ISO 9001:2008 for BPO, ISO/IEC 27001:2005 for Data Centre Operations and ISO/IEC 20000-1:2005 for Data Centre Management Services. The Company has embarked on re-appraisal under SEI CMM ML 5 for all of its major software development centres in India.
By using its domain knowledge and through continuous investment in technologies, 3i Infotech Limited helps corporations in their businesses through its expertise in enterprise-class software solutions, software services, information security consulting, system integration services, IT infrastructure and Disaster Recovery solutions. 3i Infotech services over 1,500 customers in more than 50 countries across five continents.www.3i-infotech.com
For more information, please contact:
Nicola Harley
Head of Marketing
3i Infotech (Western Europe)
Switchboard: +44 (0) 20 7071 3000
Phone: +44 (0) 20 7071 3012
Fax: +44 (0) 20 7071 3001
Disclaimer:
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.