RIMES adds new data sources 10 July 2015London Reporter: steven
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Managed data service provider RIMES has added 20 new data sources to its portfolio in the first six months of 2015.
The additions came as a response to demand from asset managers and owners, as well as an increased reliance on data. They make a total of 800 databases from almost 200 data partners.
RIMES provided bespoke set of data for clients including more than 250 investment managers, hedge funds, wealth managers, private banks, custodian banks, insurance companies and pension funds.
Alessandro Ferrari, global head of marketing at RIMES, said: “With the buy-side presenting an ever complex array of data requirements, RIMES is experiencing greater take up of our award winning managed data services. We are constantly innovating and growing our capabilities to meet the individual needs of our customers.”
“No two firms use the same data. Last year, around half of the data we managed on RIMES on behalf of our customers had some element of customisation. We believe we will exceed that figure this year.”
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