RIMES, the leading provider of managed data services for the buy-side, today announced the addition of a series of Thomson Reuters equity and fixed income indices to the RIMES Benchmark Data Service® (RIMES BDS®). The addition of the Thomson Reuters series of indices will help RIMES meet the ever-growing buy-side demand for data by further expanding the vast and diverse database of data available through RIMES’ platform.
Thomson Reuters series of indices will serve as benchmarks and will include at least four groups of indices which focus on a range of key regions and markets. They include the Thomson Reuters Global Equity Indices; Thomson Reuters Corporate Responsibility Indices; Thomson Reuters/Ideal Ratings Islamic Indices; and the Thomson Reuters/GPR Global Real Estate and Thomson Reuters/GPR/APREA Asian Real Estate Indices. The Fixed Income indices include the Thomson Reuters Canadian Fixed Income Indices, Thomson Reuters/SGX Singapore Fixed Income Indices, Thomson Reuters/BPAM Malaysian Bond Indices, Thomson Reuters Global Sukuk Index, and the Thomson Reuters Convertible Indices (formerly UBS Convertible Indices), which is the most widely used and accepted benchmarks for measuring the performance of convertible bond investments.
The addition of these series of indices to RIMES BDS® is further evidence of the ever-growing buy-side demand for data. RIMES BDS® delivers a data management structure that empowers firms with a fully manageable service to quickly and easily add new data. In addition, RIMES also combines this service with RIMES DGS (RIMES Data Governance Service) to ensure best practice and improve workflows.
“Thomson Reuters takes great pride in the depth, independence and quality of our benchmark and specialty indices,” said Stephan Flagel, head of Indices at Thomson Reuters. “Our indices are available for performance benchmarking and for product structuring, and the buy-side benefits from receiving this data promptly and accurately via the RIMES platform. We are proud to work with a firm like RIMES to provide another venue by which to access this data.”
Al Ferrari, SVP, Global Marketing for RIMES, explains, “The sheer volume of data that RIMES works continuously to add and update in response to buy-side demand showcases their tremendous data needs. We are thrilled to add the wealth of data available through Thomson Reuters to RIMES BDS and provide our clients with the most crucial information necessary to successfully implement and manage investment strategies.”
- Financial Sector Regulations in Australia: The Aussie Rules are Tightening Up
- Panel Discussion: The New Normal
- Consolidation in Australia’s Superannuation Funds Market: Data Quality Comes to the Fore
- Benchmarks Regulation White Paper Update
- RIMES awarded Best Ops Data Management Solution for the fifth time