24 April 2014

Athena unveils 64-bit version of Aura hedge fund platform

17 December 2013  |  827 views  |  0 Source: Athena Systems

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." 

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