Athena Systems has released the latest 64-bit version of its “Aura” software.
Aura delivers fully customisable hedge fund management and analytics software.
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, which 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.
“However, all user types will see a benefit from increased speed, stability and the ability to run tens of applications simultaneously.”