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RIMES appoints Mitesh Modi as Chief Operating Officer

RIMES Technologies, the leading provider of benchmark data services, today announced that it has hired Mitesh Modi as the company’s Chief Operating Officer. Mr. Modi will take responsibility for all aspects of operational management across the increasing number of RIMES offices around the world. The appointment reflects RIMES’ continuous growth and on-going commitment to global expansion.

Mr. Modi has significant international experience within the asset management industry at both an operational and strategic level. He joins RIMES from NewFinance Capital LLP, where he was Chief Operating Officer and Chief Financial Officer with responsibility for Operations and other infrastructure areas. He has also worked in various capacities at Morgan Stanley Investment Management, where he was executive director, and Merrill Lynch Investment Managers, where he was managing director.

Christian Fauvelais, RIMES CEO, says: “We are delighted to welcome Mitesh to the RIMES team. His extensive experience in the financial services industry and his track record in client servicing will be invaluable to RIMES as we continue with our ambitious plans for growth. Mitesh joins at a particularly important time in our company’s development: in the past six months we have opened new offices in Shanghai and strengthened our presence in Europe with a base in Paris, so that we can support our expanding client base around the globe. Mitesh will play a critical role by making sure that RIMES’ commitment to service and product excellence remains uncompromised.”

Mr. Modi says: “RIMES is clearly a company with a great future. Its solutions lead the market, it attracts and retains the best people, and it has an extensive list of highly satisfied, loyal clients. RIMES’ commitment to innovation and customer service is reflected in the number of industry awards that it has won in the past few years. I am thrilled to have the opportunity to contribute towards shaping the company in this exciting stage of development.”

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