Stephen Mellert, Managing Director at Matrix Applications, hosted an introduction to personal finance workshop at our NYC headquarters for the young professionals at our company, including the summer internship program.

It was designed to educate team members about financial planning, including important concepts such as the time value of money and retirement accounts. Stephen shared key insights into the financial markets landscape, such as demonstrations on how saving early may bring long term advantages.

This event is one in a series of summer workshops hosted by Matrix Applications. It features a wide variety of topics ranging from finance and career development to cybersecurity and compliance. In the spirit of continuous learning, these events are open to all team members.

"Stephen's workshop was one of the highlights of my summer internship. The culture of continuous learning, alongside advice that comes with real life application, made this lesson one that I can refer in the future as I continue to grow."

Tyler Lam
Product Development Intern, Matrix Applications

"It means a lot that Matrix Applications encourages further education and opens the chance to learn to the existing employees. These workshops have given me knowledge that strengthen my understanding of the capital markets industry."

Rohan Parikh
Junior Engineer, Matrix Applications

About Stephen Mellert

Mr. Mellert oversees business development and acts as client advocate for Matrix Applications, promoting the firm’s fixed income collateral management and margining platforms along with the company’s Managed Services for the back office.

In 1999, Mr. Mellert co-founded Capital Markets Engineering & Trading LLC. And in 2000, he and the team launched Matrix Applications, a technology service bureau whose clients span from small broker / dealers to asset managers to global banks. He was responsible for the formation and infrastructure development of South Street Securities (SSS), which launched in 2004. 

In 1989, Mr. Mellert spent two years in Citibank’s Global Custody division, followed by three at The Federal Reserve Bank of New York’s Funds Transfer and Electronic Securities divisions. He re-joined Citibank in 1993, in the Reserve Management division before moving to the Treasury Finance Desk where he traded US, Canadian and high yield repo.

Mr. Mellert is a graduate of Georgetown University and holds an MBA from the NYU Stern School of Business.

About Matrix Applications

Matrix Applications is a New York-based fintech service bureau that offers a suite of collateral management, margining and clearing systems for institutional fixed income trading and equities securities lending. We are a team of capital markets and systems professionals delivering financial technology solutions to institutional firms since 2000. We work hands-on with our clients to identify an optimal mix of services to best fit their needs, from systems to back-office operations assistance. With in-house and offshore developers, we provide our clients with the right solution at the right price. Comprised of industry veterans and financial professionals, we leverage our extensive technical experience, a deep network across the finance industry and a team of ops, regulatory and legal gurus to deliver bespoke managed services for firms big and small.