CAIS Platform Expands Product Offering to Include Precious Metals
CAIS and GBI Partner to bring Ease-of-Use to the Purchase of Physical Gold and other Metals
NEW YORK, March 14, 2012 /CNW/ - CAIS, a financial technology company providing an independent, alternative investment platform to the global wealth management industry, is pleased to announce a joint venture with Gold Bullion International (GBI), the leading institutional precious metals trading platform.
Under the terms of the agreement, CAIS has integrated the GBI precious metals offering and execution system into the CAIS alternative investment platform. CAIS clients will benefit from seamless access to precious metals through one operating environment and continued use of the current CAIS features, which include a broad menu alternative funds and products, streamlined execution, integrated reporting, sophisticated analytics and product education and support.
"Our joint venture with GBI offers the most reliable way to buy and store precious metals," said Rafay Farooqui, President and Co-founder of CAIS. "Our clients globally have expressed a growing need for exposure to real assets given their long term value and portfolio diversification benefits. Accessing gold bullion has been difficult for the wealth management community, which is often limited to exchange traded funds, gold mining stocks or paying high premiums to acquire gold coins. CAIS can now meet this challenge with a cost effective, reliable and transparent solution."
GBI created a proprietary operating platform that provides an efficient, secure and cost-effective method to acquire and store precious metals. Through partnerships with best-in-class service providers, GBI ensures quality, security and integrity in the process of investing in physical precious metals. The firm's comprehensive service includes the purchase of precious metals from a global network of industry-recognized dealers and refiners, transportation, fully insured storage in secured vaults around the world, client reporting and quarterly on-site asset verification by an internationally recognized accounting firm.
"CAIS has made tremendous progress in servicing the alternative investment needs of the wealth management community with a single platform. RIA's, Private Banks and other wealth management firms are adopting CAIS and we are pleased to be their sole precious metals partner," said Savneet Singh, CEO of Gold Bullion International. "This joint venture empowers CAIS clients with the same access to precious metals previously only available to the largest institutional asset managers."
For more information about CAIS, please contact Nicole Kalian Abbott at 973-850-7315 or [email protected].
About CAIS
CAIS is a New York-based financial technology company providing an alternative investment platform to the global wealth management industry. The CAIS 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 CAIS 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 CAIS proprietary solution empowers registered investment advisors, broker-dealers, private banks and other financial intermediaries to compete for clients while delivering a robust level of service. As a dedicated service provider, CAIS avoids key conflicts of interest by neither managing a wealth management business nor trading internal funds. Securities offered through CAIS Capital LLC, member FINRA, SIPC.
CAIS was named finalist in the 2011 Private Banker International Global Awards for Outstanding Private Banking Platform.
For more information, please visit www.caisgroup.com.
About Gold Bullion International
Gold Bullion International (GBI) a New York-based global business services company that enables investors to efficiently and securely acquire, manage and store physical precious metals. Through its proprietary platform and the industry's most respected service providers, GBI delivers the first comprehensive, efficient and secure way for financial advisors to offer retail investors the ability to purchase and store physical precious metals. GBI is led by a seasoned management team and is supported by an Advisory Board that includes retired General Wesley Clark, Tocqueville Gold Fund Portfolio Manager John Hathaway and former SEC Chairman Arthur Levitt.
For more information, please visit www.bullioninternational.com.
SOURCE CAIS
http://www.caisgroup.com
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