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Velocity Selects Matrix Applications’ Collateral Management System, TradeBlazer

byBrianna Wilson
December 6, 2024
in News

Matrix Applications, a New York-based financial technology and operational service bureau for the capital markets, formed a new customer agreement with Velocity Clearing. Velocity has chosen Matrix as its strategic technology solutions provider and will utilize Matrix’s platform, TradeBlazer, which provides a suite of integrated functions.

“Following a thorough evaluation, we found Matrix’s customer service and TradeBlazer’s functionalities to be exceptional,” Tony Merola, managing director at Velocity, said. “The platform empowers us to streamline operations, enhance trading processes and offer solutions to our valued clients. With TradeBlazer, we are poised to set new standards in efficiency and client satisfaction.”

“We strive to provide our clients with technology solutions to drive their business,” Stephen Mellert, head of business development at Matrix, said. “And while there are other vendors who compete with Matrix, none compete with our level of customer service.”

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