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 charting and report creation functions reflecting rolling statistics and correlations of a fund over varying investment periods, said CAISfunds.
CAISfunds has begun work on the integration of Fundspire and anticipates a Q2 2011 release of the capability, termed CAISanalytics.
CAISfunds co-founder & managing principal Rafay Farooqui said they are very pleased to enter into this strategic relationship with Fundspire.
"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," Farooqui said.
Fundspire founder and CEO Christophe Frerebeau said CAISfunds is a truly unique company that in a short period of time has made a meaningful impact on the global wealth management community.
"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," Frerebeau said.
