Athena Systems adds Partnership Accounting and CRM features to its Spark Platform for Hedge Funds, SMAs and Family Offices
Athena eliminates the error-prone manual process of subscription tracking and incentive & management fee calculations with a sophisticated partnership accounting module that is fully integrated into the Athena’s Spark performance and G/L accounting
Boston, Massachusetts – August 23th, 2019
Athena eliminates the possibility of embarrassing manual mistakes in the calculation of investors fund performance as well as the calculation of complex management and incentive fee structures by adding sophisticated partnership accounting and CRM features to its Spark Platform for Hedge Funds, SMAs and Family Offices.
Ross Grant, Senior Account Manager at Athena states: “It’s almost 2020- and most hedge funds and family offices are still managing share class subscriptions and calculating share class management and incentive fees on an Excel spreadsheet.” Mr. Grant continues: “Athena’s ability to automate this process and seamlessly integrate results into performance and accounting modules not only reduces errors but saves tens of hours per month for our clients.”
Athena’s partnership accounting module is integrated into Athena’s Spark investment management platform and enhances its current Portfolio Management, Risk, Trading, Compliance and Accounting system for hedge funds, family offices and other alternative asset managers.
About Athena Systems
Athena Systems is the provider of Athena Spark, the leading solution for hedge funds. Athena provides investment managers 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+ buy and sell side 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 Boston, Madrid, Austin, Texas, Ho Chi Minh City, Vietnam and Málaga, Spain