We study open B-model representing D-branes on 2-cycles of local Calabi--Yau
geometries. To this end we work out a reduction technique linking D-branes
partition functions and multi-matrix models in the case of conifold geometries
so that the matrix potential is related to the complex moduli of the conifold.
We study the geometric engineering of the multi-matrix models and focus on
two-matrix models with bilinear couplings. We show how to solve this models in
an exact way, without resorting to the customary saddle point/large N
approximation. The method consists of solving the quantum equations of motion
and using the flow equations of the underlying integrable hierarchy to derive
explicit expressions for correlators. Finally we show how to incorporate in
this formalism the description of several group of D-branes wrapped around
different cycles.Comment: 35 pages, 5.3 and 6 revise