BLUEMATRIX
BlueMatrix, the world’s largest publisher of investment research, has announced that, since the start of 2024 and a strategic growth investment by leading software investment firm’s Thoma Bravo, new revenue has grown an impressive 74% on the same period last year. BlueMatrix is doubling down on its investment in its clients through a growth strategy that includes strengthening its leadership team with two major C-suite appointments. Its new Chief Financial Officer and Chief Revenue Officer have over 40 years of combined experience in scaling software companies within the financial services landscape.
Joining BlueMatrix’s leadership team, overseen by Chief Executive Officer and President Patricia Horotan and alongside Chief Operating Officer Mirko Consolascio, is Ben McFadden, appointed as Chief Financial Officer. He brings more than 15 years of enterprise software strategic finance expertise. He was previously Head of Finance at Nintex, a leader in global automation software, and Revalize, a quote-to-cash provider for manufacturing. His prior experience includes five years as a sell-side equity research analyst at Keybanc Capital Markets focused on infrastructure software.
Ben McFadden commented: “I witnessed BlueMatrix’s trajectory firsthand seven years ago as a sell-side equity analyst and now I get to be a part of this exceptional team. My focus is on maintaining our impressive 97% customer retention, enabled by our international expertise, industry-leading products, and outstanding service. With Thoma Bravo's strategic investment too, I believe the future for BlueMatrix is very bright indeed.”
Also joining BlueMatrix’s leadership team is Bryan North-Clauss, appointed as its Chief Revenue Officer. Most recently, he held the position of Chief Revenue Officer at Truv, after leading AlphaSense's financial services sales division, where he contributed to growing its annual recurring revenue by 350% and productivity per salesperson by 400%. Earlier in his career, Bryan held senior roles in fixed income sales at Deutsche Bank, Morgan Stanley, Citi, and Lehman Brothers. His career began as a founding member of software firm JobDirect.com, acquired by Korn/Ferry.
Bryan North-Clauss stated: “This is a pivotal moment for me to join BlueMatrix and contribute to its ambitious expansion plans following January’s strategic investment by Thoma Bravo. Six months in, my focus remains on reinforcing our market dominance and share in our core verticals. For instance, 75% of all sell-side research is published using the BlueMatrix platform, highlighting our strong product-market fit and commitment to delivering world-class service. Moving forward, we aim to invest further in our clients' success to drive future growth.”
BlueMatrix’s continued growth strategy will focus on moving to new markets, including Europe, APAC region, and South America, to deliver technical expertise and client experience to a new audience of global clients. There will also be increased focus on enhancing the innovation that optimises workflows, scalability, and deep integration across its entire product suite to meet the evolving needs of its worldwide client base.
Patricia Horotan, Chief Executive Officer and President of BlueMatrix, said: “Our plans to expand our platform and portfolio of products for existing and new clients alike will not only reinforce our world-leading status, but bring the most advanced investment solutions to new generations of investors. Working with my leadership team, and in partnership with Thoma Bravo, we are excited to take BlueMatrix to new markets and new audiences.”
Founded in 1999, BlueMatrix employs 147 people, with 42% in the US and 39% in Romania. Expansion into new markets, including Europe, APAC region, and South America, is planned for the second half of this year, highlighting the company's international growth.
BlueMatrix offers fully integrated, cloud-based solutions for the entire investment research production workflow, including content creation, compliance approval, distribution, hosting, and analytics. This comprehensive suite positions BlueMatrix as the only global platform covering the complete investment research lifecycle.
About BlueMatrix
BlueMatrix, the world’s largest publisher of investment research, is a pioneering SaaS provider connecting content publishers and readers. Since 1999, BlueMatrix has developed advanced research-creation and distribution software for the financial services sell side, serving over 800 banks and institutions worldwide and supporting the production and publishing of 1.4 million items annually.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240724453243/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Xsolla Expands Payment Coverage in Europe to Unlock New Market Potential for Game Developers With Bizum, Swish, and Satispay14.8.2025 18:00:00 CEST | Press release
New Payment Methods Give Game Developers Localized, Mobile-First Checkout Options In Spain, Sweden, And Italy Xsolla, a global commerce company helping developers launch, grow and monetize their games, announces today the expansion of its payments solution across Europe with the launch of new regionally preferred methods: Bizum in Spain, Swish in Sweden, and Satispay in Italy. These integrations via Xsolla Pay Station enable game developers and publishers to offer secure, seamless, and familiar checkout flows across three of the region’s fastest-growing digital economies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250814474025/en/ (Graphic: Xsolla) The European gaming market is expected to generate nearly $85 billion in 2025 and grow to over $112 billion by 2029. As mobile and app-native payment preferences continue to rise globally, players are increasingly demanding fast, secure, and culturally aligned payment options.
Eurazeo Enters Into Exclusive Discussions With INSPIRED PET NUTRITION Regarding the Sale of Its Stake in Ultra Premium Direct14.8.2025 17:40:00 CEST | Press release
Eurazeo has entered into exclusive discussions with INSPIRED PET NUTRITION (“IPN”), the fast-growing international pet food company controlled by CapVest Partners LLP (“CapVest”), regarding the sale of Ultra Premium Direct (“UPD”), France’s leading direct-to-consumer (D2C) online pet food company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250814809542/en/ Ultra Premium Direct product Founded in 2013, UPD has established itself as a leading player in the French premium pet food market and is now recognised as the top direct-to-consumer (D2C) online brand in the segment, recognised for its exceptional customer experience and already serving over 285k active customers. UPD combines high-quality, veterinarian-developed products with a direct factory-to-consumer model, offering a unique premium yet affordable proposition. Leveraging its data-driven approach, the company is now building a powerful omnichannel strategy to furt
Tyk Scales up in US Financial Sector, as Banks Lean on APIs as Revenue-Driving Infrastructure14.8.2025 17:24:00 CEST | Press release
AI-ready API management company Tyk has announced the appointment of three new senior leaders, as it strengthens its support for banks in the US financial sector. The strategic appointments come as banks increasingly evolve their use of APIs towards monetization. Martin Buhr, Founder and CEO of Tyk, which specializes in providing practical blueprints for integrating AI in a way that’s well-governed, efficient, and future-ready, explains: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250814736978/en/ Tyk scales up in US financial sector “Just a couple of years ago, banks were coming to us focused on basic authentication and control requests. Now, it’s becoming the norm for them to use APIs to underpin new monetization strategies, as well as seamless regulatory compliance. We’ve helped leading global banks make the change and are excited to have three API industry veterans – Mark Gurvis, Laura Heritage and Kuldeepak Angrish –
LambdaTest Unveils Media Injection for Real Device Testing14.8.2025 17:00:00 CEST | Press release
Innovative camera simulation feature enables robust testing of image and video capture workflows across 10,000+ real mobile devices LambdaTest, a unified agentic AI and cloud engineering platform, has launched Video Injection capability in Media Injection for real device testing, bringing powerful support for testing camera and video-based app functionalities at scale. This new capability empowers developers and QA teams to simulate image and video capture scenarios on real Android and iOS devices, unlocking comprehensive validation for camera-driven app experiences. With Media Injection, users can test key workflows like QR code and barcode scanning, digital check processing, real-time video streaming, and photo or video upload features, directly on physical devices. This is made possible through LambdaTest’s proprietary Sensor Instrumentation technology, which seamlessly injects simulated media into the app’s camera interface, bypassing the need for physical camera use while ensuring
Transition Industries Signs Heads of Agreement with Bonatti S.p.A for Critical Infrastructure on Pacifico Mexinol Project14.8.2025 15:05:00 CEST | Press release
Transition Industries LLC, a developer of world-scale, net-zero carbon emissions methanol and green hydrogen projects, signed a Heads of Agreement contract with Bonatti, an international contractor specializing in the energy sector, for critical infrastructure on the Pacifico Mexinol project in Sinaloa, Mexico. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250814767897/en/ Pacifico Mexinol is poised to be the world’s largest standalone ultra-low carbon chemical production facility in the world, with an output of 6,130 metric tons of methanol (MT) per day. Under the terms of the Heads of Agreement, which includes a lump sum binding price, Bonatti will be responsible for the detailed engineering, procurement, construction, pre-commissioning, commissioning, and startup for the upgrade of the port facilities and jetty at the Terminal Transoceánica de Topolobampo, S.A. de C.V. (“TTT”) port area where all methanol loading operati
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom