15 May 2012

Monsoon Capital selects Athena Aura for its Order Management and Middle Office Functions Leading Hedge Fund Solution Offers Comprehensive Functionality and Unprecedented Flexibility


Monsoon Capital, a hedge fund which focuses on emerging markets, has selected Athena System's Aura solution to handle its order management, portfolio analysis & reporting for its futures index fund. Monsoon evaluated all key players in this space and selected Athena Aura because of its powerful technology and its comprehensive functional footprint. In addition to its order management functionality, Monsoon plans on using Athena Aura's data warehouse to store all trading activity and allow it to do time series reporting, risk management analytics, and "what-if" scenario analytics. Monsoon will initially use Athena Aura for all trading activity within the Monsoon Asia-Pacific Systematic program, which is Monsoon’s flagship Asia CTA strategy, and later expects to roll out Athena Aura for the Monsoon India Opportunity program which is Monsoon’s India systematic trading strategy.

Monsoon's founder and senior managing director, Gautam Prakash said that Athena stood out as a strong partner because of its excellent technology and willingness to work through their unique implementation issues. "We look forward to working with the Athena team as we grow our business and believe that Athena Aura has the power and flexibility to meet our changing and growing needs,” said Prakash. Scott Sykowski, Athena Systems Partner, added “Monsoon is a perfect fit for Athena Aura as they recognize the importance of a comprehensive order management solution with mid to back office capabilities. They are really ensuring that they have a powerful platform for future growth."

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