Luis Otero, Co-Founder, Head of Technology, and former Managing Director at Athena Systems has been promoted to the position of Chief Executive Officer
March 10th, 2021
This decision reflects Mr. Otero’s value in strengthening the firm and driving its growth even during a tougher than usual year. With Mr. Otero’s leadership and Athena’s skilled team of professionals, Athena Systems has evolved from a boutique OMS system to a world-class front, middle, and back-office investment platform in just a few years.
Commenting on his new role, Mr. Otero states that he “has a strong desire to differentiate Athena from our competition by playing to Athena’s strengths as the most innovative and prolific product team in the industry”.
“Our team is the strongest in the industry and our boutique roots and hands-on approach for helping clients solve specific operational problems have really given us an edge on our competition. Now more than ever, investment managers are finding themselves needing a solution that is flexible and can be tailored. “One-Size-Fits-All” is a frustrating thing of the past. Otero explains. “Our advantage is our company culture of adapting the platform to perfectly meet our clients’ custom needs. This is where our budget plays a key role: many companies spend large amounts of money on making up the quality of their product, but we have a tight budget because we spend practically all of it on improving Spark’s quality and our customers service. By tightening our budget that much, we have been able to improve adaptability, speed and versatility to the maximum”.
2020 has not been easy: In January, the company decided to relocate its headquarters to New York City to better serve its client base of buy-side and sell-side firms. Nevertheless, soon the Covid-19 pandemic threatened the financial markets creating a climate of uncertainty and fear. However, Mr. Otero seized this opportunity to address the sector’s weaknesses. Thus, together with his team, and as one of many examples, he managed to resolve the technical vulnerabilities in terms of cybersecurity, making Athena System the firm with the best cybersecurity among the Investment Management Software providers.
Athena was born as an ambitious project resulting from an innovative mentality: a small team of the best professionals in their field orchestrated by a common desire to create the best possible product- something that can be more versatile and effective than what’s currently out there.
The Athena team, under Mr. Otero’s leadership, was able to achieve a bright 2020 and to become a world-class operation and comes after more than twenty years of experience creating solutions and applications for different companies, a background that allows him today to fully understand customer demands and provide them with the highest quality solutions.
For the complete report, including the full OMS/PMS industry comparison, please contact Athena at firstname.lastname@example.org.
About Athena Systems
Athena Systems is the provider of Athena Spark, the leading solution for investment decision support and
automation. Athena provides managers and prime brokers with complete front office and back office
functionality to ensure their trading and portfolio management operations are handled as efficiently as possible.
Used by 50+ firms globally, Athena uses state-of-the-art technology to provide Portfolio Analytics, Risk, P&L,
Compliance, Order Management & Accounting while providing security, control and integration beyond
compare. Athena has offices in New York, Boston, Madrid, Austin, Texas, Ho Chi Minh City, Vietnam and Málaga, Spain