Saturday, 18 April 2015
Last updated 3 hours ago
May 19 2011 | 10:24am ET
New York-based CAISfunds, a financial tech specialist, has formed a strategic partnership with hedge fund analytics provider Fundspire.
The deal will add Fundspire statistical analysis capabilities to the CAISfunds alternatives investment platform and allow advisors to analyze funds, optimize allocations and construct client portfolios. The collaboration will also add 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 and 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, which recently hired a chief technology officer, says it is incorporating technology into all aspects of its business, including client service, operations and vendor integration.
CAISfunds has begun work on the integration of Fundspire and anticipates a Q2 2011 release of the capability, termed CAISanalytics.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…