CAIS-X offers access to a menu of top-tier funds and products, independent due diligence reports provided by Mercer, portfolio construction and analytics tools and an electronic subscription and redemption process for streamlined trade execution.

CAIS-X will also offer access, oversight and execution in a single venue, empowering wealth management professionals with institutional quality products coupled with time-saving operational efficiency.

Those funds and products will be listed on CAIS-X that will represent a broad range of alternative investment strategies and disciplines including hedge funds, private equity and physical precious metals.

Commenting on the launch, Matthew Brown, co-founder and CEO of CAIS, said: "CAIS has established a meaningful dialogue with the wealth management community, understands its needs, and will continually strive to address them with new products, tools and services."

"Depending on the needs of a Member Firm, CAIS-X can serve as a complete solution or provide a customized product menu. CAIS-X can tactically support the efforts of a centralized investment team with one-off products or provide a holistic solution for a broad advisor base," said Rafay Farooqui, co-founder and president of CAIS.