CAIS Integrates with Tamarac's Portfolio, Client Management Platform
Tamarac is a part of RIA platform provider Envestnet.
![chicago chicago](/sites/default/files/styles/landscape_750_463/public/import/IMG/871/343871/chicago-water-way-580x358.jpeg.webp?itok=OGxG4fdm)
"Our integration with CAIS will deliver efficient, reliable access to alternative investment products and research from a trusted third-party platform," said Stuart DePina, group president of Envestnet | Tamarac, in a statement. "In keeping with our dedication to helping advisors improve client relationships and outcomes, we are enabling advisors to utilize resources from CAIS to demonstrate their value to clients at a time when investor demand for alternative strategies continues to increase."
According to the release, the first phase of the integration between Tamarac and CAIS is now available to advisors.
Advisors can log into the CAIS portal via single-sign-on access within the Tamarac platform, and from there they can conduct electronic fund transactions on CAIS' products.
The integration will also provide advisors with due diligence reports conducted by Mercer on the hedge funds and private equity funds available on the CAIS platform And through the partnership, users will have access to commentaries and other research pertaining to the alternative investment marketplace.
"Tamarac Advisor Xi enables our financial counselors to provide a more efficient and engaging wealth management experience for clients, and CAIS offers our counselors streamlined access to alternative investment funds and strategies that can help clients reach their financial goals," said Stephen Stelljes, president of client services at Boston-based RIA The Colony Group, in a statement. "The integration of these two powerful platforms will make it easier for our counselors to leverage a diversified suite of alternative strategies for their clients."
Advisor Xi has over 800 independent RIAs on the web-based platform that manages over $500 billion in assets.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
JP Morgan touts DLT, tokens for collateral management
Distributed-ledger technology could make moving non-cash collateral more efficient, said managing director Toks Oyebode during an Isda conference on Thursday.
Waters Wrap: The changing definition and perception of blockchain
Anthony says that questions of definition and perception are killing DLT projects in the capital markets—oh, and a lack of proven implementations.
BlackRock to integrate Aladdin and Preqin to create new private markets platform
CEO Larry Fink calls combining the two platforms “maybe the biggest opportunity in 10 years.”
Ace high or busted flush? Digital Asset’s mixed fortunes mirror DLT adversity
The vendor hoped to remodel post-trade using blockchain technology—and it still might—but its bumpy progress raises questions over the future of DLT in finance.
This Week: BlackRock/Preqin, Trading Technologies, FIA Tech and more
A summary of some of the past week’s financial technology news.
Adaptive’s Aeron goes live on Microsoft Azure Marketplace
The messaging software used for building bespoke trading platforms is now available on Microsoft’s marketplace, making it accessible through major cloud providers.
Bloomberg, industry bodies push back on Cboe’s proposed OEMS rule change
Some industry bodies disagree with the options exchange’s proposal to carve its Silexx OEMS out of the SEC’s definition of an exchange facility and place it into a separate business line.
Waters Wrap: CME, Google and the pursuit of ultra-low-latency trading
CME Group and Google have announced Aurora, Illinois, as the location for the exchange’s new co-location facility. Anthony explains why this is more than just the next phase of the two companies’ originally announced project.