Australia: a gateway to the Asia Pacific financial centre
8 February 2012
American financial technology company, CAIS, has opened an office in Australia to bolster its presence throughout the Asia Pacific’s booming financial services markets.
From its new base in Sydney, CAIS will supply its alternative investment software to clients in Australia and across the Asia Pacific, building a foundation in the region’s growing wealth management industry.
The company’s expansion is indicative of its mission to supply an independent investment platform in the world’s major wealth management centres.
Managing Principal of CAIS and Head of the Asia Pacific division, Jeremy Norton, said wealth creation in the region is driving the company’s growth throughout the Asia Pacific.
“The increase in wealth management in the Asia Pacific region has led to greater demand for alternative investments and the CAIS platform," said Mr Norton.
"Our Sydney office will give us on-the-ground presence and clearly demonstrates our growing commitment to our clients and the overall region. We intend to expand the team throughout 2012 and be responsive to the unique opportunities within the region."