JP Morgan is looking to develop a front - office system called Athena that was built for its traders , making it available to clients as early as 2018 , according to unnamed sources . The system covers commodities , commodities , foreign exchange and rates books , integrating pricing , deal entry and risk management . BlackRock reported returns of $ 529 m after licensing its Aladdin solutions to other asset managers , Goldman Sachs also commercialised its front - office system , SecDB , last year . sources suggest JP Morgan is considering a subscription solution for Athena that targets the buy side as well as smaller regional banks .
JP Morgan is looking to commercialise a front-office system called Athena that was built for its traders, making it available to clients as early as 2018, according to unnamed sources. The system covers commodities, credit, foreign exchange and rates books, integrating pricing, deal entry and risk management. BlackRock reported returns of $529m after licensing its Aladdin platform to other asset managers, Goldman Sachs also commercialised its front-office system, SecDB, last year. Sources suggest JP Morgan is considering a subscription fee for Athena that targets the buy side as well as smaller regional banks.