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RIMES APPOINTS FORMER MSCI COO AS NEWEST BOARD MEMBER

RIMES, the leading provider of managed data services for the buy-side, today announced David Brierwood as its newest board member.

David Brierwood brings extensive knowledge of risk management and business operations to RIMES, drawing on his experience in several senior leadership positions in the investment management industry.

Former COO of MSCI Inc., David helped grow the company’s revenues from less than $20 million to more than $1 billion. He also held various senior roles at Morgan Stanley spanning more than twenty years, including COO of the company’s equity division and COO of its institutional and retail securities groups. David is a Crown Representative in the Cabinet Office of Her Majesty’s Government, advising on procurement and the management of strategic suppliers.

At RIMES, David Brierwood’s role will be to focus on the company’s strategic development and help reinforce RIMES’ role as a strategic supplier to the money management industry. Drawing on his background, Brierwood will contribute to business and execution plans to help cement RIMES’ reputation as a buy-side technology leader.

“David’s impressive experience in risk management, business operations and senior leadership, coupled with his understanding of the data regulation and governance issues our industry faces means we are delighted to welcome David to the RIMES team,” explains Christian Fauvelais, RIMES’ CEO. “We look forward to benefitting from David’s expertise to help guide our strategic development and continue to build our strong reputation within the financial sector.”

According to Mr Brierwood, “I have always been impressed by the RIMES team and their industry leadership providing fully managed solutions to meet the data management challenges currently facing the buy-side. I’m looking forward to working with the team to continue to position RIMES as a key supplier in the investments industry and build our relationships with key stakeholders.”

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