Matrix appoints Justin Wolfe as its Chief Technology Officer

By Edil Corneille

Matrix, a solution provider to asset owners and managers, has appointed industry veteran Justin Wolfe as its Chief Technology Officer (CTO). Wolfe will be responsible for heading up Matrix’s ambitious technology roadmap to support a growing client base.

The company provides trusted investment data management software to the global asset owner and fund management community. It mentioned that with over half a trillion of AUM managed on the platform, a growing number of asset owners, pension plans, fund managers and insurance companies rely on Matrix to solve their complex investment, exposure and data management challenges.

Wolfe expounded, “Matrix represents a new and exciting opportunity for me. In a time of extreme uncertainty, they have positively disrupted the IDM market with their innovative cloud based solutions and in particular their no-fee monthly upgrade approach makes perfect sense. One can develop the smartest of systems but what’s the point if your clients can’t afford them, or just don’t have the appetite to upgrade? With Matrix, clients benefit immediately from our continual development and enhancement programme. The team consists of well-known, seasoned data management specialists and I am delighted to be leading them in further developing the next generation of investment data management software.”

Based in Boston, Wolfe is said to have enjoyed a successful career in developing technology solutions for the investment community. Most notably he spent over fifteen years at Charles River Development where he led the design and development team to deliver collateral management functionality and prior to that portfolio management functionality to the Charles River Investment Management Platform. He has expertise building expert teams to create innovative and scalable platforms for large user bases.

Neil Lotter, CEO, Matrix apprised, “We are on a steep trajectory and it is absolutely crucial that we continue to invest in hiring the best talent in the industry. You can have the latest technology in the world but without the right team spirit and collaborative mentality you will go nowhere. I am really looking forward to working alongside Justin, learning from his wealth of experience and together taking Matrix to the next stage.”

Matrix has offices in Sydney, London and New York said to be supporting a rapidly expanding, global customer base.