Brad Hunt Appointed RIMES CEO to Drive the Company’s Lean Data Management Innovation Strategy


LONDON--(BUSINESS WIRE) - RIMES, the global leader in managed data services (MDS) for financial institutions, today announced the appointment of Brad Hunt as CEO. The appointment comes as the company accelerates the development of its innovative data management solutions for the wealth management industry.

Brad will lead RIMES in expanding its Lean Data Management (LDM) approach to Managed Data Services (MDS) after the company's cloud-based data management solution rollout in April 2021. Based on 30 years of experience with organizations such as the Bank of New York Mellon, IHS-Markit and Goldman Sachs, Brad is a recognized leader in innovative growth companies in the wholesale capital markets, which include electronic commerce, data services and financial technology. He will use this experience to further develop RIMES as the world's leading provider of managed data services for all forms of market and reference data, including benchmark, ETF and ESG data.

Brad will focus on expanding RIMES 'value proposition to the investment community by delivering modernized and compelling outsourced data management solutions that directly address the industry problems of increasing data complexity and cost. This includes the new Lean Data Management service from RIMES, a flexible, cloud-based, service-oriented approach that is redefining data operations for the financial services sector. Building on RIMES '25 years of experience in solving data complexity, the lean approach solves the longstanding challenges associated with costly, inflexible enterprise data management technology by providing unparalleled control and visibility across the entire data supply chain. RIMES 'offering includes ESG data, which is a growing area of ​​demand due to its insights into material risks and opportunities - something that is an integral part of the investment decision-making framework.

Prior to joining RIMES Technologies as Chief Executive, Brad led strategy and business development at Bank of New York Mellon - Global Markets, where he led business and digital transformation. RIMES Co-Founder and CEO Christian Fauvelais will retain an active role on the company's board of directors where he will continue to guide and support the company's strategy and focus on the unique customer-centric culture of RIMES that has built over the past 25 years was to maintain.

Commenting on joining RIMES, Brad says, “RIMES is at an extremely exciting point in its development. It has already proven to be a future-oriented company that provides asset managers, owners and service providers active in today's market with innovative solutions. The introduction of Lean Data Management shows that the company has a clear product strategy to address the needs and weaknesses of the buyer side. We know the industry is going through a tremendous change. Investment strategies today require a specialized and granular approach that data professionals should deliver on reduced budgets.

Christian Fauvelais, co-founder and outgoing CEO of RIMES, commented: “It was particularly important to me to make sure that we got the right person on board to drive the development and growth of RIMES while at the same time delivering continuous added value to our customers. Brad has an extremely impressive track record of developing and transforming businesses that will be invaluable as RIMES pioneered MDS innovation. Brad's industry recognition, network and extensive capabilities put him in the perfect position to continue the company's growth trajectory and drive broad acceptance of RIMES 'lean data management vision. I am delighted to have Brad on board and look forward to the company continuing to thrive under his leadership. "

About RIMES
RIMES is an award-winning data management specialist that really understands the challenges its customers face. It serves over 350 asset managers, owners, service providers and banks in 45 countries, including 60 of AUM's 100 largest global asset managers and 9 of the top 10 asset managers in the world. www.rimes.com

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https://dailytechnonewsllc.com/brad-hunt-appointed-rimes-ceo-to-drive-the-companys-lean-data-management-innovation-strategy/

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