Matrix Applications launch DV Íø±¬³Ô¹Ï on QTIX platform
16 September 2021 US
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Matrix Applications, a New York-based finance technology service bureau, announces the launch of DV Íø±¬³Ô¹Ï onto its QTIX platform.
The platform is a securities finance solution for brokers, dealers, asset managers and banks in fixed income capital markets. It is engineered to deliver exceptional performance for organisations, with functions including front-office trade entry, settlement and clearance, reporting and accounting.
Eric Carlino, executive vice president of fixed income at DV Íø±¬³Ô¹Ï, says: "We executed our first trades as a Tier-1 netting member of FICC's Government Íø±¬³Ô¹Ï Division (GSD). Throughout the lengthy regulatory and clearing bank approval processes, the staff at Matrix Applications showed their professionalism, personal attention and focus on helping DV Íø±¬³Ô¹Ï achieve this milestone."
Stephen Mellert, managing director for Matrix Applications, adds: "DV is able to achieve straight-through-processing from brokers down to DV's clearing agent and GSD account at FICC. And the managed services team lets DV focus on what they do best, trading.â€
The platform is a securities finance solution for brokers, dealers, asset managers and banks in fixed income capital markets. It is engineered to deliver exceptional performance for organisations, with functions including front-office trade entry, settlement and clearance, reporting and accounting.
Eric Carlino, executive vice president of fixed income at DV Íø±¬³Ô¹Ï, says: "We executed our first trades as a Tier-1 netting member of FICC's Government Íø±¬³Ô¹Ï Division (GSD). Throughout the lengthy regulatory and clearing bank approval processes, the staff at Matrix Applications showed their professionalism, personal attention and focus on helping DV Íø±¬³Ô¹Ï achieve this milestone."
Stephen Mellert, managing director for Matrix Applications, adds: "DV is able to achieve straight-through-processing from brokers down to DV's clearing agent and GSD account at FICC. And the managed services team lets DV focus on what they do best, trading.â€
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