Cachematrix names Dave Agostine as President

Cachematrix, the leading provider of trading technology and financial software development for banks and financial institutions, announced today that it has appointed Dave Agostine as President of the firm.

In this position, Agostine will be charged with establishing and implementing Cachematrix's corporate objectives and developing strategies for global growth and expansion, including strategic partnerships, mergers and acquisitions.

Prior to joining Cachematrix, Agostine was a Principal with Market Metrics, an analytics division of the multi-national financial data and software company FactSet Research Systems. Before joining Market Metrics, Dave spent more than 23 years in the financial services industry, successfully growing and operating investment management organizations. He was Senior Vice President and Managing Director of Janus Capital Institutional, where he co-founded and grew the company's institutional services group to over $100 billion in assets under management.

"Dave Agostine brings with him a wealth of executive level experience in the Financial Services Industry and he is highly skilled in strategic development for high growth firms," said Cachematrix Founder and CEO, George Hagerman. "Our firm is entering into an exciting time where industry transformation has opened the door to many new opportunities and Dave's expertise will help channel our corporate vision and continue my goal of revolutionizing the industry."

Hagerman continued, "As the industry leader in trading technology and financial software development, our bank partners frequently come to us to strategize on their best path forward for servicing their corporate clients. I fully expect that Dave will provide the ingenuity and thought leadership that will allow our bank partners, and thus Cachematrix, to continue to thrive in the future."

About Cachematrix Holdings, LLC

Cachematrix is the leading software as a service (SaaS) provider of institutional trading systems for banks and financial institutions worldwide. Cachematrix enables banks and other financial services firms the ability to offer its corporate clients online access to a full suite of liquidity products through a convenient, single-source platform for managing assets. For more information, visit www.cachematrix.com.