Buy-Side Technology Awards 2013: Best Data Provider to the Buy Side—Rimes Technologies
Rimes makes no secret of why it believes it provides a more complete, and therefore, a more compelling service than any of its competitors: It offers what it describes as a truly managed service, where it typically molds its offerings around its clients’ needs rather than the other way round. This might sound like a somewhat prosaic business model for such a sophisticated marketplace, but clients, especially capital market ones, crave simplicity. Rimes makes it its business to secure whichever specific databases clients request, irrespective of existing client numbers using those databases, a policy mirrored by its validation stance, which it describes as 100 percent ad-hoc, determined exclusively by clients’ requirements. This flexibility extends through to Rimes’ customized scripting support, ensuring that its various data feeds work seamlessly with clients’ incumbent applications. Rimes currently feeds approximately 30 third-party and 100 proprietary data management, risk, performance, and compliance applications, each of which requires a customized feed.
In addition to its traditional data-processing expertise, Rimes has recently positioned itself as the de facto leader in the data governance space, offering clients a three-pronged service incorporating a repository in which to store all their feeds; a directory containing all the metadata that can, for example, be interrogated when addressing regulatory issues; and a governor, comprising reports and online tools to assist with how, when, why, and by whom their data is governed.
For the Winners' Circle interview with Rimes, please click here.
Rimes Technologies Reaction:
“We are honored to be recognized by the judges again for our continued market leadership and inventive product roadmap. As the requirements for benchmark and reference data and their governance grow increasingly important to buy-side executives and other asset owners with each passing year, we are committed to staying ahead of our clients’ evolving needs. With greater attention to data quality, management, usage and distribution being driven by both greater complexity and scrutiny—from regulators, investors and data providers—buy-side firms need a thorough and carefully planned approach to exercise compliance and cost-savings while avoiding the reputational risks and wasted resources that can be incurred in its absence. We are here to ensure that our clients can maintain their focus on the business of managing money, not the data that runs it.”
—Alessandro Ferrari, senior vice president of global marketing, Rimes Technologies Corp.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: Rising star (vendor) – data, engineering & product development—Roberta Bill, SmartStream Technologies
Roberta Bill, product manager at SmartStream Technologies, wins rising star (vendor) – data, engineering & product development, in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology leader of the year (end-user)—Sejal Shah, BNP Paribas India Services
Sejal Shah, director and head of Global Markets IT BNP Paribas India Services, wins technology leader of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Reference data professional of the year (end-user)—Ludmilla Morgunova, BNP Paribas
Ludmilla Morgunova, Java developer on BNP Paribas’ Referential Data Platform, wins reference data professional of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (trading and risk)—Mina Wallace, SS&C Algorithmics
Mina Wallace, general manager and senior vice president of the risk management business unit at SS&C Algorithmics, wins the vendor professional of the year (trading and risk) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Above and beyond award (vendor)—Susan Bennett, Tradeweb
Susan Bennett, managing director, global head of product marketing at Tradeweb, wins the above and beyond award (vendor) in the 2024 Women in Technology and Data Awards.
Women in Technology & Data Awards 2024: All the winners and why they won
WatersTechnology honored the winners of the 36 categories in the 2024 Women in Technology & Data Awards, who were announced at a sit-down lunch in London on International Women's Day on March 8.
AFTAs 2023: Best new technology introduced over the last 12 months (data & data services)—SS&C Aloha
Northern Trust: Improving transparency across the asset servicing market
Northern Trust won three categories in the 2023 American Financial Technology Awards. Paul d’Ouville, global head of technology solutions and servicing at Northern Trust, discusses his firm’s fourth consecutive win in the Best reporting initiative…
Most read
- Women in Technology & Data Awards 2024: All the winners and why they won
- Witad Awards 2024: Above and beyond award (vendor)—Susan Bennett, Tradeweb
- Dark horse: Deutsche Börse building dark pool