For decades, FTP has been the default mechanism for transferring data across financial institutions. But in 2025, it’s no longer fit for purpose. FTP was built for a world without cyberattacks, complex regulations, or the sheer data volumes asset managers face today.
The problem: FTP is a black box. Transfers happen behind the scenes, often without robust validation or logging. When failures occur, they tend to happen silently. Data teams only discover the issue when an overnight process breaks, leaving compliance checks, portfolio calculations, or index rebalances delayed—and the market is already open.
The hidden costs:
- Operational fragility: A single missed transfer can disrupt multiple downstream systems.
- Opaque troubleshooting: Lack of visibility turns every failure into an investigation.
- Increased cyber risk: FTP lacks the security protocols required in today’s threat landscape.
Why it matters: Operational resilience is a regulatory and reputational imperative. Legacy infrastructure like FTP undermines both.
How can Rimes help: We offer delivery pipelines designed for transparency and reliability. Every transfer is logged, validated, and monitored end-to-end. Failures are flagged proactively, minimizing operational risk and giving teams confidence in the data they depend on.
FTP has served its purpose, but in 2025 it’s a liability—operationally, strategically, and competitively. Firms that retire from FTP reduce risk, improve efficiency, and position themselves to lead in a rapidly evolving data landscape. Rimes is ready to help you get there—faster, safer, and smarter. Speak to us today.
