RIMES Wins "Best Buy-Side EDM Platform" at 2014 Data Management Summit Awards

NEW YORK, October 14, 2014 /PRNewswire/ --

RIMES, the leading provider of managed data services for the buy-side, today announced winning "Best Buy-Side EDM Platform" at the 2014 Data Management Summit (DMS) Awards hosted by the A-Team Group, a leading financial technology publication.

The annual DMS Awards recognize outstanding products and services for data management in the capital markets segment. Shortlisted vendors are selected by A-Team Group's editorial staff, and voted via a poll of key senior data managers across financial institutions. This year's shortlist included AIM Software, Asset Control, Bloomberg PolarLake, Eagle Investment Systems, GoldenSource, Markit EDM, SmartCo and Xenomorph. This is RIMES' third industry award in 2014.

This award recognizes RIMES' service-based approach in dealing with the task of managing data across buy-side enterprises. With the increasing focus on data governance and data management from regulators and customers, buy-side firms face multiple challenges as data volumes grow, and data and reporting complexity continue to increase. The RIMES Fully Managed Data Service (RIMES MDS) helps them to both maximize the utility of their existing data architecture whilst putting in place the flexibility required to change.

"We're delighted to win this award," said Alessandro Ferrari, SVP Global Marketing, RIMES Technologies. "Buy-side firms face many challenges when taking control of their data, and RIMES MDS' proactive 24/7 service gives them a holistic data view complete with best practice data governance, which can enable a clear, concise and cost effective data management strategy."

The complete list of winners can be viewed here.

RIMES will host the RIMES II Data Governance Conference in London on November 4, 2014. To receive the RIMES Data Governance Conference agenda and for registration enquiries, please email [email protected].

About RIMES 

RIMES Technologies Corporation was founded in New York in 1996 specifically to meet the specialist data needs of investment managers, custodian banks, pension funds, insurance companies and other asset owners. The company was a pioneer provider of managed data services, using cloud-based technology to deliver highly customized financial data over the internet. Providing world-class data, supported by first-class service remains a prime focus of RIMES today. The success of RIMES reflects a unique practical approach that combines the right technology with the best people. Our suite of managed services is designed, delivered, and supported by an expert team recruited from the heart of the industry. As a global company, RIMES serves over 250 institutions in 40 countries. http://www.rimes.com

SOURCE RIMES