Matrix completes custodian transition for customer
Sydney, London, New York – 29 Jan 2018 - Matrix, the leading front office data management platform specialist today announced that they have completed the migration to a new custodian for a large customer.
The migration took 3 months with minimal disruption to the business. The key to the success of the migration was that the customer is a Matrix user. The platforms deep understanding of complex fund structures empowered the team to manage the migration cost effectively and efficiently.
Custodian migrations are challenging to complex financial institutions, the ease of the transition is a testament to the Matrix IP and the teams deep understanding of the industry.