BlueMatrix, the world’s largest publisher of investment research, has reported a 74% increase in new revenue since the start of 2024, following a strategic investment by Thoma Bravo. This growth highlights the company’s commitment to its clients and its aggressive expansion strategy.
To support this growth, BlueMatrix has strengthened its leadership team with the appointment of Ben McFadden as Chief Financial Officer and Bryan North-Clauss as Chief Revenue Officer. McFadden brings over 15 years of experience in enterprise software strategic finance, previously serving at Nintex and Revitalize. North-Clauss, formerly with Truv and AlphaSense, has a proven track record in scaling revenue and productivity in financial services sales.
McFadden expressed his enthusiasm about joining BlueMatrix, citing the company’s impressive customer retention rate and strong product offerings. North-Clauss emphasised the strategic importance of his role in expanding BlueMatrix’s market share and reinforcing its dominance in the investment research sector.
Under the leadership of CEO Patricia Horotan, BlueMatrix plans to expand into new markets, including Europe, the APAC region, and South America, in the second half of the year. The company aims to enhance its cloud-based investment research solutions, optimising workflows and scalability to meet the evolving needs of its global clients.
Founded in 1999, BlueMatrix employs 147 people, with a significant presence in both the US and Romania. The company’s comprehensive suite of solutions covers the entire investment research lifecycle, solidifying its position as a leading global platform.
Horotan expressed confidence in the future, highlighting the partnership with Thoma Bravo and the dedication of her leadership team in driving BlueMatrix’s continued success and expansion.
