The CAIS Exchange Integrates MSCI’s RiskMetrics HedgePlatform
NEW YORK, Dec. 18, 2012 /PRNewswire/ — CAIS Exchange (CAIS-X), the first online alternative investment marketplace for the wealth management industry, has expanded its robust suite of advisor tools to include MSCI’s RiskMetrics HedgePlatform, an investment decision support tool providing hedge fund transparency and risk analysis. The addition of RiskMetrics HedgePlatform will allow CAIS-X Member Firms to better analyze, monitor and manage their alternative investments through access to in-depth reports based directly on the individual positions at the underlying funds.
The addition of RiskMetrics HedgePlatform coupled with CAIS’s longstanding due diligence partnership with Mercer, provides an institutional solution previously not available to the broader wealth management industry. Through manager transparency and risk reports, CAIS-X offers Members an increased ability to conduct rigorous manager monitoring, robust portfolio construction and proper risk management.
“RiskMetrics HedgePlatform is a meaningful addition to our growing suite of no-fee advisor tools as it provides us with an unprecedented level of transparency on funds that list on CAIS-X,” said Rafay Farooqui, Co-Founder and President of CAIS. “For advisors that manage assets holistically, there is a need to understand the underlying exposure of third-party funds within a larger wealth portfolio. With the addition of RiskMetrics HedgePlatform, CAIS-X continues to offer Members a true competitive advantage.”
“We are very pleased to be working with CAIS to provide them with the tools they need for their hedge fund investment and risk management processes,” added Roveen Bhansali, Managing Director and Head of the Risk Management Analytics Business at MSCI. “We look forward to a long and successful relationship with CAIS.”
CAIS-X seeks to leverage the aggregate strength of the platform to offer access to institutional-quality products and tools, empowering CAIS-X Member Firms to complete for clients and assets.
CAIS, the New York-based financial-technology solutions provider, operates the CAIS Exchange (CAIS-X), the first online alternative investment marketplace to offer access, oversight and execution in a single venue. CAIS-X empowers wealth management professionals with improved access to a broad range of primary investment opportunities in top-tier funds and products, independent due diligence reports provided by Mercer, portfolio construction and analytics tools and an electronic subscription and redemption process for streamlined trade execution.
A true partner to the global wealth management industry, CAIS-X empowers its Member Firms including registered investment advisors, broker-dealers, private banks and other financial intermediaries to compete for clients while delivering a robust level of service. Depending on the needs of a Member Firm, CAIS-X can serve as a complete solution or support the efforts of a centralized investment team with one-off products. The streamlined CAIS-X membership process begins with an online application through www.caisgroup.com. Members receive no-fee access to an extensive range of product information on CAIS-X, including independent due diligence reports.
CAIS maintains an unwavering commitment to best practices and to delivering institutional functionality and reliability. Mercer and State Street further this commitment by bringing global scale and oversight to CAIS-X. CAIS is an independent, advisory-only service provider and avoids key conflicts of interest by not engaging in wealth management activities or managing proprietary funds or products. The firm’s neutrality allows CAIS to provide an unbiased and transparent alternative investment marketplace for the global wealth management community.
CAIS is a NFA member with securities offered through CAIS Capital LLC, member FINRA, SIPC.
For more information, please visit www.caisgroup.com.
CONTACT: Melinda Brodbeck