
Rimes shutters market surveillance business amid strategy overhaul
The data management firm is undergoing a multi-year program to unravel its surveillance business, as it looks to throw its weight behind its flagship data offerings.
Rimes Technologies is unwinding its RegFocus Market Surveillance solutions as part of a strategic shakeup, following its takeover by private equity firm EQT in February 2020.
Brad Hunt, the newly appointed CEO of Rimes, tells WatersTechnology that soon after taking on the role, he decided the market surveillance solutions were not central to the Rimes business and no longer aligned with the firm’s strategic direction.
“We’ve made a decision to exit the market surveillance side of the business
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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] 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 [email protected]
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 [email protected]
More on Regulation
Waters Wavelength
Waters Wavelength Podcast: Vendor lock-in and interoperability
James Crosby, founder and CEO of data management firm Fencore, joins the podcast to discuss vendor lock-in and interoperability.
Subscribe to Weekly Wrap emails
Most read
- FDC3 creator sets sights on cloud-based interop with new company
- Top three fixed income venues confirm bid to deliver EU consolidated tape for bonds
- Sell side ramps up outsourced trading desk services for still-skeptical buy side
- Capitalizing on data’s migration to the cloud
- If it ain’t broke, break it: Back-office tech reform may benefit front-office returns