RIMES, the leading provider of managed data services for the buy-side, today announced a distribution agreement between Bloomberg Indexes and RIMES Benchmark Data Service® (RIMES BDS®). The new data now available on RIMES BDS includes the Bloomberg Commodity Index Family (BCOM), the leading commodities benchmark, and Bloomberg AusBond, the leading benchmark for the Australian fixed income market. The relationship allows both RIMES and Bloomberg to provide another venue for key buy-side participants to access these industry leading benchmarks.
RIMES BDS is a fully managed data service that can deliver large volumes of index and benchmark data. This data can be customized and tailored to the needs of the end-user, and is available within a streamlined and scalable operating platform, providing great transparency for firms which can result in a reduced total cost of ownership. With the addition of Bloomberg Indexes, there are now over 150 data partners on RIMES.
According to Alessandro Ferrari, SVP Global Marketing at RIMES, “We free buy-side firms from the daily burdens of data processing and governance. No two RIMES clients are similar in their wants and needs when it comes to their data requirements. As a result, we strive to continue to offer the complete customization firms need to get the most out of their data, and limit the manual processes and checks that firms handling their data in-house must manage, day after day. We are proud to have such quality index and benchmark data on offer and our collaboration with Bloomberg Indexes is another example of the first-class data that we continuously provide for our clients.”
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