Matrix IFS

Matrix IFS is a technology and consulting firm that works with financial institutions on fraud, money laundering and regulatory compliance. It is a division of Matrix IT, a listed group. Its US base has long been in New Jersey, with offices in several other countries.

What Matrix IFS offers

• Anti-money laundering — services to support compliance and case management.
• Fraud prevention — work to detect and stop evolving fraud threats.
• Trade surveillance — monitoring for risk, compliance and market transparency.
• Data and AI services — analytics, data governance and model validation.
• Automation — robotic process automation tools and bots that reduce false positives and manual work.

Who it works with

Banks and other financial institutions, both large and local, implementing financial crime programmes. The firm has experience with established case management and compliance platforms.

Key facts

• Based in: Rutherford, New Jersey
• Parent: Matrix IT Ltd
• Former name: Matrix-Exzac
• Offices: US, UK, Israel and Australia