Davies’ extensive experience at the intersection of financial services and technology will harness the power of CAIS data to drive business growth and solutions

CAIS, the leading alternative investment platform, announced today that George Davies, Ph.D., has joined CAIS as its new Head of Data. Based in the Company’s New York office, Davies will report to Shane Williams, Chief Technology Officer.

“We are delighted to welcome George to this newly created position,” said Williams. “George’s track record working with data to enhance areas such as risk management, trade modeling, and pricing will complement our efforts to employ CAIS’ own data for trend spotting, creating personalized experiences for advisors, delivering meaningful engagements for managers, and informing business decisions.”

Davies has worked with technology platforms across wealth advisory, asset management, and trading for more than 20 years. He most recently served as Vice President of Data for personal finance technology platform SmartAsset, where he managed the company’s data engineering and data science teams while scaling system architecture. Davies also served as Chief Data Officer for fintech companies TraverseIQ and iSentium, and as a Quantitative Analyst for UBP Asset Management, A.R.T. Advisors, and Scotia Capital Markets. He earned his Ph.D. in Astrophysics from Queen’s University.

“Having worked with a variety of financial technology companies throughout my career, I was immediately attracted to CAIS’ entrepreneurial mindset and the transformational impact this company is having across the financial advisory and asset management communities,” said Davies. “I look forward to working with Shane and the team as they continue to increase access and education around alternative asset classes for advisors, so they can help their clients realize supplemental income and higher returns.”

In this role, George will be managing teams that develop predictive analytics and machine learning across all business functions, seeking to enhance outcomes for all constituents within the CAIS community.

“George’s hiring reflects our efforts to attract quality talent from all areas of financial services,” said Matt Brown, Founder and CEO. “With a Head of Data in place, we will deepen our efforts to extract valuable insights from the front and back ends of our platform, which should lead to greater outcomes for the wealth management ecosystem that we serve.”

Transaction volumes on the CAIS platform were 74 percent higher in the third quarter of 2021 compared to the prior year. The number of advisors on the CAIS platform also grew 89 percent year-over-year. Due to this increase in demand, CAIS has added 85 employees across all areas of the organization within that same time frame.

About CAIS

CAIS is the leading alternative investment platform for financial advisors who seek improved access to, and education about, alternative investment funds and products. CAIS provides financial advisors with a broad selection of alternative investment strategies, including hedge funds, private equity, private credit, real estate, digital assets, and structured notes, allowing them to capitalize on opportunities and/or withstand ever-changing markets. CAIS also provides an industry-leading learning system, CAIS IQ, to help advisors learn faster, remember longer, and improve client outcomes.

All funds listed on CAIS undergo Mercer’s independent due diligence and ongoing monitoring. Mercer diligence reports and fund ratings are available to advisors on the CAIS password-protected platform. CAIS streamlines the end-to-end transaction process through digital subscriptions and integrated reporting with Fidelity, Schwab, and Pershing, which make investing in alternatives simple.

Founded in 2009, CAIS, a fintech leader, is empowering over 4,400+ unique advisor firms/teams who oversee more than $2T+ in network assets. Since inception, CAIS has facilitated over $13.8B+ in transaction volume. CAIS is the first truly open marketplace where financial advisors and asset managers engage and transact directly on a massive scale.

Securities offered through CAIS Capital LLC, member FINRA, SIPC.

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