Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, July 26 2019 - 00:34
AsiaNet
Cbus Selects Matrix to Power Investment Data Management
SYDNEY, LONDON and NEW YORK , July 25, 2019 /PRNewswire-AsiaNet/ --

Matrix, a leading solution provider to asset owners and managers, is delighted 
to announce Australian-based Cbus as a new customer. Cbus will use Matrix's 
proven investment management software to aggregate and analyze investment data 
from a wide variety of sources to significantly improve decision making and 
reduce operational risks. Matrix were chosen because of their deep domain 
expertise, a highly successful customer implementation record, together with 
the platform's flexible investment portfolio 'look through' capabilities.
 
Cbus is Australia's largest super fund for the building, construction and 
allied industries. Its superannuation and income stream accounts have over 
790,000 members and manages over AUS$50 billion of retirement savings (as at 
June 2019). Members include workers and retirees, their families and employers.

Neil Lotter, CEO, Matrix commented: "We are delighted to be working with Cbus 
to deliver an innovative investment data platform that will underpin reporting, 
exposure analysis and decision making across the firm. The selection process 
was very thorough, and we are delighted to have been recognized for our 
technology and proven track record. Cbus were particularly impressed with our 
cutting edge use of cloud infrastructure and DevOps processes. We are excited 
to welcome them to our growing global user base."

Peta Stevenson, Manager of Investment Data and Analytics, Cbus said: "We are 
very excited to be working with the Matrix team to enhance Cbus' investment 
data management capabilities. Matrix was selected because of the quality of the 
team, their genuine commitment to a partnership approach, the flexibility of 
the platform and its proven capabilities handling real assets such as Property 
and Infrastructure."

About Matrix (www.MatrixIDMS.com)
Matrix provides trusted investment data management software to the global asset 
owner and fund management community. It solves the most difficult data 
challenges facing the industry today with IP that is unique. With half a 
trillion of AUM now 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. Matrix has 
offices in Sydney, London and New York supporting a rapidly expanding, global 
customer base.

Source: Matrix