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Octopus Investments extends the use of CYMBA Athena

November 11, 2011

Octopus Investments extends the use of CYMBA Athena Investment Management System (IMS) to incorporate Multi Manager Funds.

London, 11/11/2011 – CYMBA Technologies the fast growing provider of high-performance Multi Asset Class Investment Management solutions has today announced that Octopus Investments, the award-winning multi-manager has successfully gone live with CYMBA’s Athena IMS for Portfolio Management, Compliance, Order Management and Trading.

CYMBA Athena provides a complete solution for Multi-Manager portfolios incorporating pre-trade compliance, a real-time view of portfolio positions, value based order generation as well as providing full order and execution lifecycle management. CYMBA Athena enables the management and display of Unit Trust Manager contact details within the application and leverages this information to streamline the workflow specifically in relation to the manual execution of Unit Trust orders. CYMBA Athena is fully integrated with Calastone, the Independent cross-border transaction network for the mutual fund industry, supporting electronic execution over FIX. Athena’s custom reporting module was harnessed to quickly and accurately allow the dealers to generate fax and email orders in both generic and manager specific formats.

CYMBA Athena’s tight integration with the Octopus Investments Operations platform enables straight through processing of all orders and ensures a fully compliant, audited, accurate and efficient workflow process.

Dan Sinclair of Octopus Investments commented: “Our Multi-Manager business is continually looking to reduce dealing and execution cycle times – without risking reliability. CYMBA Athena has helped save over an hour a day as well as provide significant functional improvements. The platform allows our Front Office team to spend more time on what they do best, portfolio analysis and management activities.”

Karim Ali, Co-Founder and Managing Partner at CYMBA commented: “Extending the use of the Cymba Athena IMS platform to the Multi-Manager team has given Octopus real operational and functional advantages. Cymba Athena gives Octopus immediate first move advantage and allows it to maintain its lead position in the highly competitive Multi-Manager space. We look forward to continuing our close working relationship with Octopus Investments”

About Octopus Investments

Octopus Investments, founded in 2000, is a leading investment specialist. We offer innovative core and satellite investment solutions to UK investors, and a wide range of funding options for exceptional companies.

Our core investments include a discretionary management service, multi-manager multi-asset OEICs, and single manager OEICs. These are complemented by our range of satellite solutions, including venture capital trusts, enterprise investment schemes and inheritance tax products. Each product has been designed to solve specific problems faced by financial advisers and their clients.

Our funding solutions cover the entire capital structure, from equity through mezzanine to senior debt, and we seek out outstanding management teams in unlisted companies with whom we can partner.

Octopus has built its business around three core pillars: customer led innovation, excellence in customer service and the quality of our people. We employ more than 200 people and currently have more than £2.5 billion in assets under management.

Octopus has won a number of awards for its products and customer service. We have twice been voted one of the best 100 SMEs to work for by the Sunday Times, and we are one of only two fund management companies to be AAA rated by financial advisers for customer service.

About CYMBA Technologies

CYMBA Technologies is a leading supplier of front office solutions to the Hedge Fund, Multi Manager and Asset Management community. The CYMBA Athena, multi-asset suite of products provides high-performance Pre and Post Trade Compliance (incl. full UCITS support), Portfolio Modelling, Order Management and Real Time P&L. CYMBA Athena is offered as a full suite or as modules and delivered via SaaS or Enterprise installations.