Net Alpha Financial Systems, developer of the materialx software platform, was founded by two brothers with several decades of combined experience in the manufacturing and financial technology industries.
While managing companies that developed and commercialized new composite materials and other technologies in the automotive and other manufacturing industries, Eyal Mizrahi experienced firsthand how manufacturers were exposed to fluctuations in raw material pricing. He saw major gaps between the offerings of financial services companies and what manufacturers needed to protect themselves against such risks on a large scale.
He teamed up with his brother, Rami, who had a wealth of experience in financial technologies, having served as a COO of a major global proprietary trading fund and having developed and implemented IT systems on a large scale with some of the leading investment banks and financial exchanges.
Together with an extraordinary team of engineers, operations experts, and industry veterans, they are on a mission to transform the way that raw materials with variable and negotiated prices are evaluated, transacted, and settled. Net Alpha has developed a suite of software tools that help buyers and sellers of raw materials realize digital transformation with minimal investment.
The company is headquartered in the Metro Detroit area, with an R&D subsidiary in Israel.
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