CAIS Wins Best Private Banking Technology Award From World Finance

NEW YORK, June 27, 2012 /PRNewswire/ -- CAIS, a New York-based financial technology company providing an independent, alternative investment platform to the global wealth management industry, has been named as the Best Private Banking Systems Provider in the 2012 World Finance Technology Awards.  CAIS was specifically recognized for its work in North America, Western Europe and the Middle East delivering a complete end-to-end alternatives solution, replacing what has historically been an inefficient approach to accessing alternative funds and products with a controlled, managed and transparent process.

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This award further strengthens CAIS's reputation as an institutional-quality partner to the global wealth management industry.  CAIS offers private banks and other wealth managers access to top-tier third-party managed alternative investment funds and products along with streamlined execution, open architecture custody support and reporting integration. Through proprietary technology, the CAIS platform eliminates the operational barriers typical of investing in alternatives and empowers its users to compete on a global scale for assets and clients.   

"The demand for alternative investments has increased globally, but most private banks would rather not devote their resources to building an internal platform," said Matthew C. Brown, CAIS Co-Founder and CEO. "We are honored to win this award, not only because it recognizes CAIS as the leading alternative investment solutions provider, but because it acknowledges that CAIS is truly committed to working with wealth management firms to improve their opportunities for revenue generation and cost savings."   

In collaboration with Mercer Investment Consulting and State Street, CAIS offers a streamlined operating environment that provides access, execution, independent due diligence, analytical tools, and product education.  The CAIS platform has a growing menu of funds and products including hedge funds, private equity and physical precious metals. 

World Finance has established a global reputation for journalistic excellence and the World Finance Awards are recognized in the financial press as the benchmark of achievement and innovation in a variety of fields.

For more information about CAIS, please contact Nicole 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 finalist in the 2011 Private Banker International Global Awards for Outstanding Private Banking Platform.

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

CONTACT: Nicole Abbott
JCPR
973-850-7315
[email protected]

SOURCE CAIS