LONDON--(BUSINESS WIRE)--RIMES Technologies, the leading provider of managed data services for the buy-side, has won three industry accolades at WatersTechnology’s respected Buy-Side Technology Awards 2016, which was held on November 4th at London’s May Fair Hotel.
Significantly, RIMES was once again named “Best Data Provider to the Buy-Side”, becoming the only vendor to win in its core product category 10 years consecutively. The strength of RIMES’ Managed Data Service also helped it win the “Best Implementation at a Buy-Side Firm” category, recognizing its work with AXA Investment Management. Additionally, RIMES won the first ever “Outstanding Service to the Industry” award, which was created to mark this 10th year of the Buy-Side Technology Awards. The accolade reflects RIMES’ 20 years of innovation and success in the buy-side data services market.
Alessandro Ferrari, EVP Global Marketing at RIMES, commented: “These wins have given us further cause for celebration as we mark our 20th anniversary. At 20, RIMES is really hitting its stride. Not only have we continued to help clients reduce the cost and complexity of data management with our Managed Data Service, but we’ve launched RegFocus: an entirely new market surveillance service to help firms comply with the tsunami of buy-side regulations. Winning these three important categories provides industry recognition that our work is having a big impact on clients’ businesses.”
“We would like to congratulate RIMES on its multiple successes at this year’s awards,” said Victor Anderson, editor-in-chief, Waters magazine and WatersTechnology.com. “RIMES has shown leadership throughout its 20-year history in providing managed data services, and continues to innovate in this important field. We would also particularly like to congratulate the firm on winning our inaugural “Outstanding Service to the Industry” Award – RIMES is a deserving winner for all it has done to improve the data capabilities of buy-side firms worldwide.”
These latest accolades contribute to what has been RIMES’ most successful award season in its 20-year history, having recently been recognized for its “Excellence in Managed Data Services” at the 2016 Alternative Investment Awards, as well as having been awarded “Best Buy-Side Data Provider of the Year” at the 2016 Global Fund Awards. In addition, RIMES has won: “Best Managed Service for Reference Data” at the Inside Reference Data Awards 2016; “Best Data Management Solution” at the Wall Street Letter Awards 2016; and “Best Operational Data Provider” at the FTF News Technology Innovation Awards 2016, bringing its total 2016 haul to eight awards.
The RIMES Managed Data Service (MDS) is a fully managed service delivered by experts in all aspects of data management and governance. Meanwhile, RIMES RegFocus is a specialist managed service for buy-side compliance officers, designed specifically to reduce the risk of insider dealing and market manipulation. The service streamlines and simplifies all aspects of MAR compliance.
RIMES is a buy-side specialist that truly understands the data management and compliance challenges faced by its clients. It serves over 300 investment managers, pension funds, hedge funds, wealth managers, private banks, custodian banks and insurance companies in 40 countries including 60 of the 100 largest global asset managers and 9 of the 10 largest custodians by TAUM.