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RIMES to Host First Buy-Side Forum in Singapore; Conversation will Focus on Costs and Risks of Benchmark Data Management

RIMES, the leading provider of managed data services for the buy-side, will host its first Singapore Buy-Side Forum on May 22, 2014. The forum will provide Singapore-based asset managers, custodian banks, insurance companies and pension funds the opportunity to network and discuss data management issues and trends.

The Singapore forum is part of RIMES’ global round-table program that seeks to develop best practice methods for buy-side firms regarding the management of index and benchmark data. In 2013, RIMES hosted 32 round-tables in a variety global financial centers where 353 industry professionals representing over 150 buy-side firms participated. Feedback from the 2013 forums indicates that as the universal need for strong data governance increases, data management struggles continue for many firms.

The RIMES Singapore forum comes at a time of increasing buy-side focus on the issues of data management in the Asian marketplace. This growing trend also led RIMES to open a Singapore office in 2013.

The Singapore forum will discuss:

  • What drives the level of resources required to effectively manage indexes and benchmarks
  • How resources are spread across the data governance and data processing functions
  • How effective asset managers are at monitoring and controlling data
  • Identifying levers to minimize costs and improve business agility
  • How some managers successfully utilize them to improve business efficiency

“Through our forums, RIMES has found that issues and concerns surrounding data management, whether related to regulation, data volume or complexity of data, have become universal focuses for the buy-side,” explains Alessandro Ferrari, SVP Global Marketing, RIMES. “Our Singapore office aims to support firms with the regional nuances of these evolving global issues and we are thrilled to provide an open forum for asset managers and others to discuss the implications of data management challenges in Asia specifically, and on a global scale.”

The RIMES Singapore forum is free to attend. To register, please visit http://www.rimes.com/rimes-forum-singapore.

About RIMES

RIMES Technologies Corporation was founded in New York 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 250 investment managers, custodians, pension funds and insurance companies in 40 countries. www.rimes.com

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