Cachematrix Expands Money Fund Portal Development Team

Firm adds three team members to meet growing demand for its trading technology   

DENVER, February 27, 2007 – Cachematrix Holdings, LLC, the leading provider of institutional money market fund trading technology to banks, today appointed three team members to augment its technology and compliance capabilities.

“Cachematrix is growing rapidly, as our money fund portal technology is being integrated into leading banks and other financial institutions,” said Cachematrix Founder and CEO George Hagerman. “We are building a team that has the experience and expertise to provide exceptional service to our roster of multinational banks.”

Cachematrix has more than doubled its technology team in the past year, and its plans for 2007 call for continued expansion, including the addition of an offshore office in India. The company’s rapid growth is based on increasing demand for its money market trading platform, a comprehensive technology solution with streamlined integration into legacy systems and lower development and deployment costs than traditional software solutions.

The new officers include:

  • Andrea Boortz, Testing Manager: With more than 15 years of experience in the financial services industry, Boortz leads test coordination, client relations, management and coordination of all client enhancements and project support at Cachematrix. Prior to Cachematrix she worked for Janus Mutual Funds as an IT Manager, where she was responsible for the day-to-day support of Janus.com, Janus CRM applications, as well as the internal Janus intranet site.  Boortz also worked in the Janus Transfer Agency. She received a Bachelor’s of Science in Economics from Colorado State University
  • Scott Taylor, Manager of Compliance and Operations Analysis:  Bringing more than 10 years of experience in leadership at successful start-ups and corporations, Taylor oversees corporate initiatives for assurance, accreditation, and certifications.  Prior to Cachematrix, Taylor served as the Director of Network Services with QTC Management, Inc. a premier provider of health and disability examinations, and was Director, Systems Services at Inflow, Inc. (now SunGard Availability Services).  Taylor received a Bachelor's of Science in Business Administration from the University of Colorado, with an emphasis in Finance and Accounting.
  • Jeremy Thomas, User Interface Architect: Thomas brings over 8 years of experience as a designer and developer of web and print-related products. At Cachematrix, Thomas oversees the design and development of application interfaces as well as all internal design needs. Before joining Cachematrix, Thomas served as Web Developer and Graphic Designer for the University of Denver and the Suzuki Association of the Americas. Thomas received a Bachelor’s of Music from the Eastman School of Music and a Master’s of Music from Southern Methodist University. He is currently completing work on a Master of Business Administration from the University of Denver.

About Cachematrix Holdings, LLC
Cachematrix is the leading provider of turnkey money market portal technology. Cachematrix enables banks and other financial services firms to offer its corporate treasury clients one-stop access to a choice of institutional money market funds and a convenient, single source platform for managing them, including access to comprehensive analysis, online trading, and account management. For more information, visit www.Cachematrix.com.