CAISfunds, a New York based financial technology company providing an independent, alternatives investment platform to the wealth management community, has announced a strategic partnership with Fundspire, a provider of hedge fund analytics and portfolio management tools.
The Fundspire technology integration will add statistical analysis capabilities to the CAISfunds platform and allow advisors to analyse funds, optimise allocations, and construct client portfolios. Further, it will offer robust charting and report creation functions reflecting rolling statistics and correlations of a fund over varying investment periods. Fundspire provides a wide set of performance and risk metrics and market data for more than 1,500 indices covering global equity, fixed income, and hedge fund benchmarks.
"We are very pleased to enter into this strategic relationship with Fundspire," says Rafay Farooqui, Co-Founder & Managing Principal of CAISfunds. "Like CAISfunds, Fundspire shares our drive for innovation and commitment to client service. We are confident that this new partnership will help us in our mission to provide a truly independent, comprehensive solution for global wealth managers."
CAISfunds has made a meaningful commitment to technology, recently announcing the hiring of a Chief Technology Officer and incorporating technology benefits into all aspects of the business, including client service, operations and vendor integration.
"CAISfunds is a truly unique company that in a short period of time has made a meaningful impact on the global wealth management community," says Christophe Frerebeau, Founder and CEO of Fundspire. "We look forward to integrating the Fundspire analytics and reporting platform with the firm's advisor portal and building a mutually beneficial partnership with CAISfunds."
CAISfunds has begun work on the integration of Fundspire and anticipates a Q2 2011 release of the capability, termed CAISanalytics.