Athena, a full front-to-back OMS/PMS solution, has integrated data science specialist BTON Financial's AI-powered Trader Co-Pilot solution into its offering with the aim of helping trading decision-making for fund managers, particularly in equity and ETF execution.
According to a press release, this latest development lets traders "effortlessly select orders in their blotter and specify various parameters, including size, instruments, desired algorithms, and timeframes - with just a single click".
In a statement, Daniel Shepherd, CEO of BTON Financial, said: “We are very excited about our collaboration with Athena as it provides a gateway for buy-side firms of different sizes to use our technology.
"With BTON integrated into the Athena ecosystem, we are, together, leading the way for AI-powered recommendations."
Brevan Howard Digital's CIO on what it actually takes to run digital assets
Chris Rayner-Cook is clear about what running digital assets actually asks of a manager, and it is less about the instruments than most…
More
Distressed hedge funds buy $190m of Brightline debt from Nuveen
Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital and FourSixThree Capital have acquired about $190m of municipal…
More
Ex-Morgan Stanley quant head leaves Rokos after one year
Yingyi Chu, a former senior quantitative strategist at Morgan Stanley, appears to have departed macro hedge fund Rokos Capital Management…
More