24 October 2017

Rimes adds new data sources for the buy side

09 July 2015  |  1768 views  |  0 Source: Rimes

RIMES, the leading provider of managed data services for the buy-side, today announced a number of new data sources in its portfolio, which were added in the first half of 2015.

RIMES has introduced these new sources in response to demand from asset managers’ and asset owners’ customers.

With buy-side firms’ reliance on data growing overall, RIMES consistently meets the demand for new indexes by continually refreshing and updating its portfolio. More than 20 new data sources have been added since the beginning of the year, bringing the total to over 800 datasets from nearly 200 data partners.

Alessandro Ferrari, Global Head of Marketing 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.”

The strength of RIMES to meet the needs of its customers comes as a result of the ability to offer bespoke and individualized datasets. Ferrari added: “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 customization. We believe we will exceed that figure this year.”

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