The deployment of Athena will enable straight through processing of all orders and ensure a fully compliant, audited, accurate and efficient workflow process.

The selection of CYMBA’s Athena platform was essential to enable Capricorn to launch a new UCITS fund providing it with complete support for pre and post trade compliance management and overall adherence to the UCITS mandate. Athena also provided Capricorn with a platform to support all their existing funds and strategies by providing a full end to end audited, connected and controlled Front Office workflow in the areas of Investment Decision, Electronic Trading and straight through processing to outsourced fund accounting platforms. Athena’s open architecture will also future proof Capricorn to changes to the regulatory landscape particularly within the UCITS framework. Of significance importance also is Athena’s seamless integration with multiple fund administration platforms for different strategies.

Darryl Noik, Chief Operating Officer at Capricorn commented: “We conducted a market research of existing platforms that would be suitable for our desire to launch new strategies, enabling us to operate within the regularity landscape efficiently. Also of paramount importance to Capricorn was the ability to migrate existing strategies to the new platform, enable electronic trading and future proof the organisation to changes across the operational environments. In CYMBA Athena we believe we have made the right choice and have been very impressed with the product’s functionality, ease of integration and more importantly the professional team behind it.” Karim Ali, Managing Partner at CMBA commented: “The selection of Athena by Capricorn Capital was of particular significance to us as it once again re-affirmed our conviction of Athena’s market leading functionality and technical superiority, not to mention its support for different asset classes and strategies. Providing our clients with the ability to scale up their operations in terms of global trading destinations and the use of multiple fund administrators is also very important to us. We are delighted to welcome Capricorn on-board and look forward to a strong long-term professional engagement”.