RIMES Awarded 'Best Data Provider to the Buy-Side' for Seventh Consecutive Year

NEW YORK, November 6, 2013 /PRNewswire/ --

RIMES, the leading provider of managed data services to the financial services industry, today announced that it has been named "Best Data Provider to the Buy-Side" at the 2013 Buy-Side Technology Awards. This is the seventh successive year RIMES has won this prestigious award.  RIMES is one of only two firms to have won a specific category every year since inception of these Awards in 2007, highlighting the industry-leading product development and deep importance of its solution suite for buy-side firms.

Alessandro Ferrari, SVP Global Marketing, RIMES Technologies, comments, "We are honored to be recognized by the judges again for our continued market leadership and inventive product roadmap. As the requirements for benchmark and reference data and their governance grow increasingly important to buy-side executives and other asset owners with each passing year, we are committed to staying ahead of our clients' evolving needs."

With a judging staff comprised of top investment management consultants and seasoned editorial staff, the Buy-Side Technology Awards seek to recognize the industry's most proven and promising technologies and vendors. All judging is done digitally and remotely, ensuring a blind process. Award's webpage.

The 'Best Data Provider to the Buy-Side' category entries were judged on the ability of the company to integrate with other systems, the quality of data provision and additional functional services. With a refined quality control process ensuring data integrity, distribution of 500+ data sources from over 100 data partners via connections to an exhaustive list of investment management platforms and an ever-growing set of value-added services, RIMES' Managed Data Services bested the competition to capture the award yet again.

About RIMES

RIMES Technologies Corporation was founded in 1996 specifically to meet the specialist data needs of the buy-side. 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 services are designed, delivered, and supported by an expert team recruited from the heart of the industry. As a global company, RIMES serves over 200 institutions in 36 countries.

For more information, please contact marketing@rimes.com