CAIS Hires Industry Veteran To Lead Technology Development

NEW YORK, July 12, 2012 /PRNewswire/ -- CAIS, the New York-based financial technology company providing an independent, alternative investment platform to the global wealth management industry, has named Paul Giurata as Chief Technology Officer (CTO).  In this key role Mr. Giurata is responsible for spearheading the development and implementation of CAIS's next-generation technology platform while establishing the firm's presence in Silicon Valley. 

(Logo: http://photos.prnewswire.com/prnh/20110519/NY04602LOGO )

"As we continue the technological evolution of our business, both our firm and our clients will benefit from Paul's extensive experience and forward-thinking vision to lead our team," said Rafay H. Farooqui, Co-founder and President of CAIS. "Establishing a presence in Silicon Valley is a natural progression for us as we continue to expand our client base and align with strategic partners at the cutting edge of technology.   We're committed to providing the best end-to-end solution by combining product access, information, execution and reporting integration on a single, unified platform."

Mr. Giurata, who began his career designing software at Apple Computer, is considered one of the foremost experts in software design and architecture and has two decades of hands-on experience with a diverse group of technology companies.  Most recently, as Managing Partner of Catalyst Resources, he was responsible for the design and development of hundreds of mission-critical software applications including trading, investment and banking platforms, and systems for numerous leading financial companies.   

"CAIS has established its position of technology leadership by integrating the complex workflows involved with accessing, executing and reporting on alternative investments," said Mr. Giurata. "We are uniquely positioned to further develop the tools, systems and support needed to compete in a continually evolving landscape.  Additionally, with a Silicon Valley presence, CAIS has access to significant technical talent." 

CAIS is the leading independent platform providing global wealth managers and private banks with access to institutional-quality alternative investments while eliminating the various barriers of entry typically associated with accessing this asset class.  CAIS's infrastructure and technology minimize the time and cost associated with building an internal alternatives platform, and permits private banks and wealth management firms to compete on a global scale for assets and clients. The CAIS platform offers a streamlined operating environment which provides product access, independent due diligence, analytical tools and product education.  

For more information about CAIS, please contact Nicole Kalian Abbott at 973-850-7315 or [email protected].

About CAIS

CAIS is a New York-based financial technology company providing an alternative investment platform to the global wealth management industry. The CAIS end-to-end solution offers improved access and independent oversight to a diversified menu of top-tier alternative investment funds and products coupled with streamlined execution and integrated reporting. The CAIS secure web-based interface provides advisors a menu of individual funds and products, strategy information, independent due diligence reports and a schedule of manager road-shows and educational events.

A true partner to the global wealth management industry, the CAIS proprietary solution empowers registered investment advisors, broker-dealers, private banks and other financial intermediaries to compete for clients while delivering a robust level of service. As a dedicated service provider, CAIS avoids key conflicts of interest by neither managing a wealth management business nor trading internal funds. Securities offered through CAIS Capital LLC, member FINRA, SIPC.

CAIS was named Best Private Banking Systems Provider in the 2012 World Finance Awards and was a finalist for Outstanding Private Banking Platform in the 2011 Private Banker International Global Awards.

For more information, please visit www.caisgroup.com.

SOURCE CAIS