RIMES wins IFM Award for Best Buy-Side Managed Data Service Provider

RIMES, the leading provider of managed data services for the buy-side, today announced that it has been awarded “Best Buy-Side Managed Data Service Provider” by a panel of industry experts acting for the International Finance Magazine 2015 Industry Awards.

RIMES has been honoured for its leading reputation as an innovative buy-side specialist with a proven track record in establishing the trust of its clients. The judges credited RIMES for setting the standard for Managed Data Services in its sector.

The RIMES Managed Data Service delivers nearly 1,000 data sources from over 200 data partners to its clients every day. Each client receives their data in one single feed, system-ready to work with any third-party solution, ranging from data management to performance, risk and compliance, as well as any in-house systems.

Mr. Sunil Bhat, Director, IFM said: “With buy-side firms placing more emphasis on sustainability issues in the research and advisory services, RIMES Technologies has managed to win the trust of its clients and forge long-term relationships on the basis of innovative products to keep pace with developments in the market.

“It is emerging as a buy-side specialist that truly understands data management, distinguishing itself from the competition and, therefore, winning the IFM Award for Best Buy-Side Managed Data Service Provider. I believe that RIMES will continue to set the standard for Managed Data Services for the buy-side for many years to come. Congratulations on behalf of IFM.”

Commenting on the accolade, Alessandro Ferrari, SVP Global Marketing for RIMES, said: “We thank IFM for recognising our ongoing technology innovation and team of buy-side data management experts who always strive to deliver a best in class service to our customers.

“When RIMES launched nearly 20 years ago, we pioneered the provision of cloud-based managed data services. This is our fourth industry accolade in 2015 and we’re very proud that the industry continues to award our efforts as we strive to transform the way that data is delivered and consumed by the buy-side. Firms that choose RIMES achieve more with less.

The IFM finalists undergo extensive scrutiny on the basis of innovation, growth, sustainability and their contribution towards society, among other key factors. The IFM 2015 Award winners are to be honoured at a gala event held in the city of London towards the end of the year.

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