Fintech Firm CAIS Launches Alternative Investment Platform

CAIS, a fintech firm, has launched its new software as a service platform, CAIS Solutions, which it said Tuesday “uses the power of CAIS technology to centralize and streamline alternative investment funds, no matter where advisors or home office representatives source funds.”

The SaaS platform, formally unveiled last week at the 2023 CAIS Alternative Investment Summit in Los Angeles, follows CAIS’ September announcement that 12 alternative asset managers launched or expanded wealth-centric strategies on the CAIS platform.

CAIS, founded in 2009, operates an alternative investment platform that now supports over 32,000 independent financial advisors who oversee more than $4 trillion in network assets, it said. Since its creation, CAIS has facilitated more than $25 billion in transaction volume.

“CAIS Solutions will reduce the operational burden of executing and managing alternative investments by leveraging CAIS’ pre-trade, trade, and post-trade technology,” said Matt Brown, CAIS founder and CEO.

Among its features, CAIS Solutions centralizes alternative investment funds onto one platform, providing a unified and scalable end-to-end solution, it said. That includes funds bought directly from managers, funds sourced from other platforms and all legacy fund positions, it added.

CAIS Solutions offers two technology products that can be used together or separately: CAIS Trade, which it said “streamlines the alternative investment subscription process,” and CAIS Post-Trade, which it said “scales the operational management of a firm’s data and document requirements.”

Annually, SCS Financial, a Focus Financial Partner firm, typically has about 1,000 transactions it must process, according to Marcelo Vedovatto, chief operating officer of SCS.