INVESTSOFT BECOMES UK DISTRIBUTOR FOR ATHENA INVESTMENT SYSTEMS

23 April 2008

Investsoft, a specialist software distributor to UK investment managers, today announced an agreement to become an authorised distributor for Athena Investment Systems’ hedge fund and asset management solutions.

Athena Investment Systems’ software products and services will now be available to hedge funds and asset managers in the UK.

”We are delighted to announce this agreement with Athena”, said Andy King, head of business development at Investsoft. ”In the US, Athena has quickly developed a reputation for delivering innovative systems that solve many of the issues faced by asset management firms, and by hedge funds in particular. They have developed flexible solutions for real-time reporting, research management, and OTC derivatives processing, all of which have been succesfully installed by a growing client base in the US. With this new agreement, Investsoft is now able to make Athena’s software and services available in the UK, where we are seeing similar demand for solutions in all of these areas.”

Athena Investment Systems’ products include Athena RS for configurable real-time reporting, Athena ERMS, a flexible research management platform, and Athena SwapManager, for trading and processing alternative asset classes. Athena also provides a low-cost data management and integration solution, AthenaDX.
“With offices in Boston and Madrid, Athena has always been an international company with plans to expand its client base outside the US”, said Scott Sykowski, Partner and co-founder of Athena Investment Systems. “We have recently signed our first hedge fund clients in the UK and we know there is strong demand there for our solutions. By partnering with Investsoft we have now extended our reach and level of service in the UK. We are very pleased with this agreement and are looking forward to working with Investsoft as our UK distributor”.

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