Matrix wins new customer
Sydney, London, New York – 26 Feb 2018 - Matrix, the leading front office data management platform specialist today announced that a large state public sector fund with approx. 100B AUM has selected the Matrix data platform to manage all of their front office data.
Matrix has been implemented as a cloud based managed service. Matrix consumes data from the custodian, market data providers and specialist providers of private equity data, creating a clean view of all the exposures, inter-funding structures and reference data.
The new customer will use the rebalancer module once the core platform is implemented to manage the daily cashflows, workflows and trading associated with tactical and strategic asset allocation across the entire fund structure.
The 1st phase of the implementation is expected to be completed in under 12 weeks.