Stephen Mellert Email & Phone Number

New York, Ny, Us

Matrix Applications is a New York based financial technology service bureau that offers a suite of products and services to support institutional trading firms.As Managing Director of Business Development, I work closely with clients to identify a blend of technology services to best fit their needs. As customer advocate, I deliver integrity, insight and impact to every relationship. I strive to uphold Matrix’s core values of accountability, adaptability, collaboration and commitment. Whether I am working one-on-one with a small financial firm, or developing a large-scale service for an enterprise client, my focus is on developing innovative and customized solutions to meet their distinctive requirements. Matrix has developed three industry-changing systems for tackling some of the most complex issues in trade processing support:● MarginCalculator was designed to offer a simple solution to FINRA Rule 4210 and the complex problem of margining forward-settling trades by calculating your exposure due to market value fluctuations of unsettled positions, as well as margin collateral and cash posted to mitigate such exposures.● Elevate, our rebranded QTIX system, provides comprehensive trade processing support for front, middle and back-office transactions. Its modular nature offers plug-and-play flexibility to integrate with other front and back end systems. ● TradeBlazer is an enterprise trading, accounting, credit, risk management, settlement system providing comprehensive trade processing support for front, middle and back-office transactions.I am most excited when matching a client with the most efficient and effective products and services to meet their needs. Helping our customers succeed is our success.

New York, New York, Us

South Street Securities is a New York based broker dealer specializing in securities finance and repurchase agreements for high quality securities.As co-founder, I was responsible for the formation, infrastructure development and trading principal. Currently, I manage the technology strategy and implementation for the firm and its various subsidiaries and affiliates. We specialize in one of the largest and most important of the money markets: repurchase agreements ("repos" or "RPs"). In a repurchase agreement, a borrower of money effectively agrees to provide securities as collateral to the lender to mitigate credit risk. GCF Repo is a recent innovation in this market that reduces transaction costs, enhances liquidity, and facilitates the efficient use of collateral.Repos play a crucial role in the efficient allocation of capital in financial markets. They are widely used by dealers to finance their market-making and risk-management activities and they provide a safe and low-cost way for mutual funds, depository institutions, and others to lend surplus funds.South Street Securities offers one of the safest and securest methods for investors to participate in the Repurchase Agreement market. We do this by concentrating our Repurchase Agreement activity with high quality counterparties, using the highest quality collateral, maintaining significant capital, and by keeping our average Repo tenor to 90 days or less.South Street's unique Repo-only charter, FICC membership, collateral comprised solely of highly-liquid US Treasury and Agency Securities, and short repo tenors help to keep our capital costs very low. This translates into very competitive rates for repurchase agreements.

CMET Finance Holdings, Inc. is a holding company that funds and administers --through its subsidiary Capital Markets Engineering & Trading - FINRA registered broker/dealers, using an innovative and capital efficient platform. CMET LLC is a wholly-owned subsidiary of CMET Finance Holdings, Inc. providing management and oversight of our FINRA-registered broker/dealer called South Street Securities. South Street Securities is engaged primarily in the US Government securities repo market.Our services include portfolio management, operations, securities clearance, risk monitoring, credit administration, and sales/ marketing. In December 2003 CMET Finance Holdings, Inc. completed a $100 million private placement for its broker/ dealer and administrative subsidiaries. The Firm also raised $320 million in debt through credit-enhanced notes.

New York, New York, Us

Citibank provides financial services that enable growth and economic progress. Their core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of clients. My years at Citibank were spent supervising a staff of seven which included three traders, three trading assistants and one administrator.As Vice President, I developed tailor-made products that allowed clients to outsource operations and trading. I also organized and implemented an innovative website geared at offering real-time interaction for clients to trade and report.On a more technical level, I directed issuance of $3 billion in commercial paper, securitizing assets and reducing our balance sheet, as well as financing US and Canadian Government securities, high yield and corporate securities and CP.I thrived in this environment that developed my multi-tasking skills and organizational talents. I was an assertive leader, working well under pressure.

New York, Ny, Us

The New York Fed offers banking and financial services to about 250 central banks, governments and international official institutions on behalf of the Federal Reserve System. These consist of payment services, custodial services for securities and gold, and investment services. The wide-ranging services the New York Fed offers to official international account holders have led the Bank to play a significant role in the worldwide financial system.As global business was rapidly expanding, it was exciting to be part of the team handling customer demand for efficient cross-border payments. We developed a wide range of payment options to help meet this demand, combining convenient access with robust customer support.

Bsba, Business Adminsitration, Finance

Mba, Finance

Education record

Master Of Business Administration - Mba, Finance, General