Athena Systems Launches Its “Athena Spark for Family Offices” Platform

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Athena Systems, provider of the Aura and Spark Portfolio Management, Trading, Risk, Compliance and Reporting platforms for hedge-funds and family-offices, today announced that they are launching “Athena Spark for Family Offices” to better meet the needs and price-point of the family-office community.

“At our beta-test-sites 'Athena Spark for Family Offices' saved an office 40 to 60 hours per week for trade generation and entry, re-keying of data, updating spreadsheets, running reports, manual compliance testing, reconciliations of positions, trades and cash and report generation. That’s a very compelling time savings for offices that are typically only 3 to 5 people,” says Stefano Guarnieri, Managing Director at Athena.

Stefano continues, "'Athena Spark for Family Offices' also meets all of the emerging regulatory requirements on Approved Hosting and Data Security, so Managers can focus on investing, not IT. Athena and Spark have locally compliant data centers across Asia, Europe and the Americas.”

“New for this release,” says Ryan Holmes, Product Manager at Athena, “is a fully customizable monthly investor report that is independently generated and can be published to investors via web, email or paper. Athena includes 100 hours of report development and customization for every new client on the platform to ensure the report is exactly what is desired by the investors.”

About Athena Systems
Athena Systems is the provider of Athena Spark and Athena Aura, the leading solutions for hedge funds. Athena Aura provides investment managers with complete front office and middle office functionality to ensure their trading and portfolio management operations are handled as efficiently as possible. Used by 50+ highly specialized firms globally, Athena uses state-of-the-art technology to provide Portfolio Analytics, Risk, P&L, Compliance, Reporting and Order Management while providing security, control and integration beyond compare. Athena has primary offices in Boston, Madrid and Singapore.

For more information, please visit http://www.athenasystems.com email info(at)athenasystems(dot)com or call +1 866 655 2663.

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Kelly Buckley
Athena Systems
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