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Idan Keret has been Appointed Executive Director of Financial Services at Matrix USA

Matrix (TASE: MTRX) has appointed Idan Keret as the new Executive Director of Financial Services at its subsidiary, *Matrix USA*, focusing on North America and Europe.

(Neutral)

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Rhea-AI Summary

Matrix (TASE: MTRX) has appointed Idan Keret as the new Executive Director of Financial Services at its subsidiary, *Matrix USA*, focusing on North America and Europe. With over 20 years of experience, Keret aims to enhance Matrix's offerings in areas like cybersecurity, cloud computing, and financial crime prevention. Matrix, a leading tech services company, boasts 11,500 employees and a history of over 100 mergers and acquisitions since its inception in 2001. Its stock is included in the TA-125 index, recognized for its strong dividend yield and industry leadership for over 17 years.

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Positive

  • Appointment of Idan Keret aims to strengthen Matrix's financial services division.
  • Keret's extensive experience and previous roles add value to the company.
  • Matrix's reputation as an industry leader can bolster investor confidence.

Negative

  • None.
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News Market Reaction – MTRX

The recorded move for MTRX in the trading session of this news was -6.38%.

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HERZLIA, Israel, March 15, 2023 /PRNewswire/ -- Idan Keret (46) has been appointed Executive Director of Financial Services at Matrix USA, a subsidiary of Matrix (TASE: MTRX), focusing on the US, Canadian and European markets. Under his duty, he will be entrusted to leverage Matrix's expertise in areas such as cyber, cloud computing, business intelligence, big data analysis and DevOps and integrate them into Matrix's existing activity regarding corporate financial services. Keret will work to deepen and create joint operations in these areas with new enterprise organizations and with existing customers and will also help expand Matrix's services in the field of financial crime prevention, which the company operates among global financial institutions in the areas of banking, payments, insurance and more.

Keret has over 20 years of experience in the field. Now, he is returning to Matrix after previously serving as the COO of the risk and compliance consulting division, and then as the CCO of Thetaray, which provides artificial intelligence and machine learning services in the field of financial crimes. He has a bachelor's degree in computer science from the Academic College of Tel Aviv–Yaffo.

Matrix is the leading technology services company with 11,500 employees worldwide. Since its foundation in 2001, Matrix has made more than 100 mergers and acquisitions and has executed some of the largest IT projects in Israel. The company specializes in the implementation and development of leading technologies ,software solutions and products, providing its customers with infrastructure and consulting services, IT outsourcing, offshore, training and assimilation and serves as representatives for the world's leading software vendors.

The company stock is traded on the Tel Aviv Stock Exchange (TASE) and its share is included in the TA-125 index, the prestigious index of the highest dividend yield companies. Rated by the top research and ranking companies for over 17 consecutive years as an industry leader, Matrix remains true to its reputation.

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SOURCE Matrix

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Idan Keret and what is his role at Matrix?

Idan Keret is the newly appointed Executive Director of Financial Services at Matrix USA, focusing on enhancing financial service offerings.

What markets will Matrix USA focus on under Idan Keret's leadership?

Matrix USA will focus on the US, Canadian, and European markets.

What expertise will Idan Keret leverage at Matrix?

Keret will leverage expertise in cyber, cloud computing, business intelligence, big data analysis, and DevOps.

What is Matrix's position in the tech industry?

Matrix is a leading technology services company with 11,500 employees and a strong history of mergers and acquisitions.

How long has Matrix been recognized as an industry leader?

Matrix has been rated as an industry leader for over 17 consecutive years.

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