CAISfunds Forms Strategic Partnership With Fundspire

NEW YORK, May 19, 2011 /PRNewswire/ -- 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 leading provider of hedge fund analytics and portfolio management tools. 

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The Fundspire technology integration will add statistical analysis capabilities to the CAISfunds platform and allow advisors to analyze funds, optimize 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," said 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," said 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.  

For more information, please contact Dana Taormina at [email protected] or +1 973-850-7305.

About CAISfunds

CAISfunds is a New York-based financial technology company providing an alternatives investment platform to the wealth management industry.  The CAISfunds end-to-end solution offers improved access and independent oversight to a diversified menu of top-tier alternative investment funds coupled with streamlined execution and integrated reporting. The CAISfunds secure web-based interface provides advisors a menu of individual funds, 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 CAISfunds proprietary solution empowers wealth advisors to compete for clients and assets while delivering a robust level of service. As a dedicated service provider, CAISfunds avoids key conflicts of interest by neither managing a wealth management business nor trading internal funds. For more information, please visit www.caisfunds.com.

About Fundspire

Fundspire Inc., a leading financial technology provider in the hedge fund industry, provides the next generation platform for analytics and reporting. Fundspire's innovative web-based platform enables investment professionals to source ideas, analyze risks, create portfolios, and build client reports.

Fundspire's easy-to-use and intuitive interface is used by a wide-range of clients in the alternative investment industry ranging from hedge funds, fund of hedge funds, family offices, fund administrators and diverse service providers. For more information, please visit www.fundspire.com.

SOURCE CAISfunds