RIMES: RIMES Shortlisted for Inside Market Data & Inside Reference Data 2011 Awards

RIMES Technologies, the leading provider of benchmark data services, has been shortlisted in two categories for this year’s Inside Market Data andInside Reference Data Awards. Every year, these awards recognize industry excellence with market data, reference data and enterprise data management. In 2010, RIMES was the winner of the Inside Reference Data “Best Enterprise Data Management Initiative” for its innovative and sophisticated solutions in the financial services industry.

This year, RIMES is a finalist in the following categories:

• MOST INNOVATIVE MARKET DATA PROJECT (USER) for providing T. Rowe Price a customized data management solution - RIMES Benchmark Data Service (BDS) - that relieved it from the daily challenges of managing data from multiple vendors. The relationship was one of service, knowledge of complexities and partnership, delivering results of efficiencies and savings.
• BEST REFERENCE DATA INITIATIVE (END-USER) for enabling the Banque Cantonale Vaudoise (BCV) to outsource its data management to RIMES, increasing automation, productivity and resulting in higher quality data and reduced risk.

Christian Fauvelais, CEO and Co-founder said: “Last year’s win and this year’s nomination in 2 categories is a testament to the innovation of our financial data management service as well as our proactive and responsive approach to clients.”

This year, the judging panel includes representatives from EDM Council, UBS, JP Morgan, FISD, Morgan Stanley, Wells Fargo, Aite Group, HSBC, Ventura Management Associates and Inside Market Data/Inside Reference Data.

The results will be announced at the annual Inside Market Data Awards 2011 and Inside Reference Data Awards 2011 that will take place in New York on May 24, 2011.

About RIMES Technologies Corporation

RIMES (www.rimes.com) has been servicing the buyside with data and analytics since 1998, by delivering the first Internet-delivered, highly-customized financial data aggregation platform. More than a decade later, the management of quality benchmark data built to fit any in-house or third-party solutions, coupled with the provision of excellent customer service remain RIMES’ primary focus. Over 200 clients in 36 countries use the award-winning RIMES Benchmark Data Service (BDS) to outsource their entire data management workflow. RIMES’ fully scalable platform, which handles over 500 databases from 150 data vendors was voted “Best Data Provider to the Buy-Side” at the 2010 Waters Technology BST Awards for the 4th consecutive year; the RIMES Benchmark Data Service was voted “Best EDM Initiative” at the 2010 Inside Reference Data Awards--and has just been shortlisted in the 2011 edition--and “Most Innovative New Service” at the 2010 Banking Technology Awards.

Contacts

RIMES
Marianne Elie
(212) 334-6866
Marianne.elie@rimes.com

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