Rimes Technologies Limited

Based in New York, US, and founded in 1996 by founder Christian Fauvelais, RIMES Technologies Corporation operates as a provider of cloud-based managed data services and benchmark tools for the financial services markets and industries. In April 2024, Five Arrows agreed to acquire RIMES Technologies Corporation from EQT. As of May 2021, Brad Hunt is the Chief Executive Officer (CEO) of the company.   RIMES Technologies Corporation offers a range of services, including its enterprise data management-as-a-service (EDMaaS), that help clients manage complex data workflows, optimize asset allocation, and ensure regulatory compliance.

RIMES Technologies handles data collection from various sources, cleanses the data to ensure accuracy with additional insights, and integrates it seamlessly across multiple asset classes. Additionally, RIMES offers both pre-built best practice libraries and customizable quality checks to cater to specific client needs. The EDMaaS include ESG data management, ETF data services, and centralized security and price master creation. The company processes over five million daily validation checks and manages 100,000+ data and feed remediation checks to ensure high-quality data integration.

 Furthermore, the investment management platform supports data management solutions by providing a suite of tools specifically designed for asset owners and investment managers. The platform streamlines tasks like exposure management, which helps clients understand the risk profile of their portfolios across different asset classes. Additionally, it offers functionalities for asset allocation, allowing for optimized portfolio construction based on investment goals and risk tolerance.   The April 2024 acquisition will help RIMES Technologies Corporation further expand its enterprise data management and platform solutions across the global market.