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Athena Systems Releases a 64-bit Version of its Flagship "Aura" Hedge Fund Platform for High Performance Analytics, Real-Time Performance and High-Frequency Trading
  • USA - English


News provided by

Athena Systems

Dec 18, 2013, 03:00 ET

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Boston, Massachusetts (PRWEB) December 18, 2013 -- Athena Systems has released the latest 64-bit evolution of its innovative “Aura” software.

“Aura” has already changed the expectations of managers by delivering fully customizable Hedge Fund management and analytics software; users can now expect even greater performance via Athena Systems’ latest update. The newest version of the Athena Aura gives users a series of important advantages in the capital markets.

Older 32-bit applications run up against a built-in memory limitation of 2 GB, this means data sets larger than 200 MB cannot be manipulated in real-time. A 64-bit application, like the new release of Aura, is not subject to the same memory limitation.

“There are specific types of funds that require this additional performance,” says Luis Otero, Director of Technology and Partner at Athena Systems. “These funds include High-Frequency Trading shops due to the enormous volume of trades, executions and allocations that they process, as well as Global Macro Funds because of the large amount of input/output data they crunch in Aura to generate Real-Time Risk, Performance and Portfolio Analytics.”

Mr. Otero continues, “However, all user types will see a benefit from increased speed, stability and the ability to run tens of applications simultaneously.”

About Athena Systems

Athena Systems is the provider of Athena Aura, the leading enterprise solution 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 offices in New York, London, Boston and Madrid. For more information, please visit http://www.athenasystems.com or email sales(at)athenasystems(dot)com.

Julia Barcala, Athena Systems, http://www.athenasystems.com, +1 (866) 655-2663, [email protected]

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