Rimes Technologies

What Rimes Technologies does

Rimes Technologies is a private, New York-headquartered provider of investment data management software and managed services, founded in 1996 and operating under the ownership of Five Arrows (Rothschild & Co's alternative assets arm) since 2024. The company serves institutional investors across three segments — asset managers, asset owners (superannuation and pension funds), and asset servicers (custodians) — delivering data infrastructure that underpins more than US$75 trillion in client AUM annually. Its product surface is built around the cloud-native Matrix Investment Management Platform, hosted on Azure, and complemented by modules for enterprise benchmark and index management, index analytics, data mastering (security/price/identity/entity), ETF, ESG, target date fund rebalancing, and data warehouse/lakehouse distribution.

The underlying technology combines Azure-native infrastructure (with multi-cloud partnerships across Snowflake, AWS, and Databricks via Delta Sharing) and a private lakehouse instance model with policy-driven validation pipelines. Rimes maintains relationships with 800+ data providers, distributes 140K+ index, price and reference data feeds daily, and runs 5.5M+ automated data quality checks per day. Technology integrations span Palantir (analytics), FactSet, ICE Data Services, Northern Trust, State Street Alpha, Bloomberg, FTSE Russell, Euronext, Charles River, and Addepar, providing ecosystem-level interoperability with major OMS/EMS, market data, and investment management platforms.

Revenue is generated through custom-quoted, subscription-based enterprise contracts (annual or multi-year) covering EDM-as-a-Service managed engagements, Matrix platform subscriptions, and data warehouse/lakehouse distribution. GTM is exclusively direct enterprise sales, supported by 9 offices across the US, UK, France, Cyprus, Canada, the Philippines, Australia, and Singapore providing 24/7 coverage. The company has approximately 400 employees, 350+ institutional clients across 45 financial centers, and a leadership team recruited from Broadridge, Goldman Sachs, Barclays, Snowflake, FactSet, Thomson Reuters, and Finastra. Rimes was previously owned by EQT (2020-2024), acquired Matrix IDM in 2022 and EBR Analytics in 2020, and continues to expand its partner ecosystem into AI-enabled data distribution via Databricks and alternative analytics via PANTA, Ortec Finance, and BMLL.

Name

Rimes Technologies

Legal name

Rimes Technologies Corp

Website

https://rimes.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

Rimes Technologies provides cloud-native investment data management software and EDM-as-a-Service to institutional asset managers, asset owners (pension/super funds), and asset servicers, supporting more than US$75 trillion in client AUM across 45 financial centers.

Ownership category

akta.pro rank

Product category

Investment Data Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

Records & Information Management (RIM) / Records Management (HDAEAGAC)

akta.pro secondary industries

Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights) (HDAEAMAD), Enterprise Application Reporting, BI & Analytics Enablement (BPAEAGAK), Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL)

Keywords

• Investment data management
• Enterprise data management
• Benchmark data solutions
• Index analytics services
• Asset management software

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Enterprise Data Management Services: Managed data management services providing subscription-based access to investment data solutions including benchmark management, index data, ESG data, ETF data, and data mastering. Revenue generated through long-term enterprise contracts with annual or multi-year billing.
2. Software Platform Subscriptions: Cloud-native platform subscriptions for Matrix Investment Management Platform, Enterprise Benchmark Solution, and Index Analytics Service delivered as software-as-a-service with enterprise licensing.
3. Data Distribution and Warehousing: Data warehouse and lakehouse services on Azure cloud infrastructure providing scalable storage, processing, and distribution as a managed service.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels10 records

Core offering

Rimes provides cloud-native enterprise data management and investment intelligence solutions for institutional investors, including its flagship Matrix Investment Management Platform, Benchmark and Index Solutions (Enterprise Benchmark Solution, Index Analytics Service), Data Mastering Solutions, ETF, ESG, and Target Date Fund solutions, Data Distribution and Warehousing (Data Warehouse, Data Lakehouse on Azure), and EDM-as-a-Service managed data operations. The platform aggregates validated investment data from 800+ data partners across 4.4M+ indexes to support asset allocation, portfolio rebalancing, NAV oversight, and IBOR reporting for asset managers, asset owners, and asset servicers.

Product overview

Rimes offers a unified platform-plus-modules architecture centered on its Matrix Investment Management Platform combined with a comprehensive suite of Enterprise Data Management Solutions. The core Matrix platform provides cloud-native investment management for asset allocation, portfolio rebalancing, reporting, and NAV oversight. This is complemented by Benchmark & Index Solutions (Enterprise Benchmark Solution, Index Analytics Service, Data Services), Data Mastering Solutions (Security, Price, Identity, Entity), ESG Solutions, ETF Solutions, Target Date Fund Rebalancing Solutions, Data Distribution & Warehousing Solutions (Data Warehouse, Data Lakehouse), and Outsourced Data Operations (EDM-as-a-Service). Together, these solutions enable the world's leading institutional investors, asset managers, and service providers to manage investment data across more than 800 data partners and 4.4 million indexes, powering over US$75 trillion in AUM annually.

Differentiator

Problem solved

Functional benefit

Brands

• Matrix Investment Management Platform: Cloud-native investment management platform empowering asset owners to make precise asset allocation and rebalancing decisions.
• Enterprise Benchmark Solution
• Index Analytics Service
• EDM-as-a-Service
• Data Lakehouse
• ETF Solutions

Products and services

• Matrix Investment Management Platform A cloud-native investment management platform that empowers asset owners and servicers to make precise asset allocation and rebalancing decisions by simplifying navigation of complex investment structures and amplifying portfolio visibility. Provides strategic asset allocation, portfolio rebalancing, PBOR reporting, and NAV oversight capabilities.
• Enterprise Benchmark Solution A fully outsourced end-to-end cloud solution providing data management across the entire data operations lifecycle for benchmark and index data. Delivers clean, reliable data in a centralized single source of truth for use across front, middle, and back office teams.
• Index Analytics Service Provides a secure, efficient calculation environment for rapid, accurate portfolio analysis. Enables asset managers to experiment with blended index strategies, create unique blends of complex multi-asset portfolios, and perform self-serve index blend creation at scale.
• Data Mastering Solutions Delivers validated, policy-driven data across asset classes, ensuring accuracy, compliance, seamless integration, and enhanced productivity. Includes Security Master Solutions, Price Master Solutions, Identity Management Solutions, and Entity Master Solutions.
• ETF Solutions Comprehensive ETF data management solution sourcing data from leading sponsors covering over 95% of AUM. Provides consolidated, validated ETF data from top issuers globally with market-leading timeliness and event-driven processing.
• Target Date Fund Rebalancing Solutions Asset allocation and rebalancing solution for managing off-the-shelf and custom Target Date Funds. Enables dynamic factor-based index blending and automated strategic allocation adjustments with policy-driven compliance.
• Data Distribution and Warehousing Solutions Flexible solutions delivering precise data through scalable cloud integration and advanced lakehouse infrastructure. Includes Data Warehouse (Azure-based scalable storage with real-time reporting), Data Lakehouse (private instance with dedicated resources), and Feed and Distribution Management via APIs.
• Outsourced Data Operations (EDM-as-a-Service) EDM-as-a-Service providing outsourced enterprise data management for core investment data. Combines advanced technology and skilled professionals to offer scalable, efficient data operations including joint data management office models and comprehensive data mastery.
• Data Services Comprehensive data services for benchmark and index data management including Benchmark Data, Benchmark Regulation Data, Blends Data, ETF Data, Index Data, Proforma Data, and Rimes Data Lakehouse.
• ESG Solutions ESG data sourcing, validating, enriching, and distribution services helping clients assess ESG exposure and performance. Addresses common challenges in sourcing and normalizing ESG data across portfolios.

Quantifiable outcome

• Supports investment decisions for $75 trillion+ AUM represented by clients
• +3 more outcomes

Named customers18 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Feature7 records

Partnerships

23 partnerships are on record, tiered core, strategic and supporting.

• DatabrickscoreTechnology or Integration · 18 November 2025Partnership to integrate Rimes managed data services into the Databricks platform, improving access to investment data for financial institutions. Leverages Delta Sharing to enable direct, secure data exchange, reducing latency and enhancing AI readiness.
• PANTAstrategicStrategic or Co-development Partner · 21 October 2025Selected as strategic technology partner to embed PANTA's index analytics platform within Rimes' data management ecosystem. Enables asset managers and owners to perform deep index analysis and create custom blends with increased speed and precision.
• Microsoft AzurecoreTechnology or IntegrationCloud infrastructure partner providing Azure platform for Rimes' Data Warehouse and Data Lakehouse solutions. Enables scalable, secure data storage and reporting with customizable workflows and real-time reporting capabilities.
• SnowflakecoreTechnology or IntegrationCloud-based data storage and management partnership enabling enterprises to automate data management, security, and data resiliency. Rimes works with Snowflake for third-party warehousing services.
• AWScoreTechnology or IntegrationCloud infrastructure partner providing world's most comprehensive and broadly adopted cloud platform with 200+ fully featured services available from data centers globally.
• PalantirsupportingTechnology or IntegrationPartnership with Palantir for big data analytics capabilities, leveraging one of the strongest offerings in the AI/ML space for enhanced data analysis.
• EquinixsupportingTechnology or IntegrationDigital infrastructure partner interconnecting industry-leading organizations across a digital-first world for enhanced data connectivity.
• State Street AlphastrategicTechnology or IntegrationStrategic partnership with State Street providing investment servicing, markets and financing capabilities. Expands breadth of capabilities for end clients through market infrastructure collaboration.
• FactSetstrategicTechnology or IntegrationExtended Matrix collaboration for asset owner investment workflow. Partnership providing financial data and analytics integration for enhanced client solutions.
• ICE Data ServicessupportingTechnology or IntegrationPartnership with ICE providing global provider of financial market data, analytics, and connectivity solutions for enhanced market data coverage.
• Northern TrustsupportingTechnology or IntegrationPartnership with Northern Trust as global financial institution offering asset servicing, investment management, and wealth management services.
• AddeparsupportingTechnology or IntegrationCloud-based wealth management software platform partnership for RIAs specializing in data aggregation, analytics, and portfolio reporting.
• Charles RiversupportingTechnology or IntegrationPartnership with Charles River IMS helping automate and simplify investment process across asset classes, from portfolio management through post-trade settlement.
• Ortec FinancestrategicStrategic or Co-development PartnerStrategic partnership announced January 2026 to strengthen end-to-end data and analytics capabilities. Leading provider of technology and solutions for risk and return management.
• BMLL TechnologiesstrategicStrategic or Co-development PartnerStrategic partnership announced January 2026 for independent provider of harmonised historical data and analytics for sophisticated capital market participants.
• ArchersupportingTechnology or IntegrationInvestment data services partnership providing access to variety of data sets and underlying fields for customized data solutions.
• BloombergcoreTechnology or IntegrationData partner providing top-quality financial data seamlessly integrated into firm tools for critical investment decisions.
• FTSE RussellcoreTechnology or IntegrationData partner and leading global provider of benchmarks, analytics, and data solutions with multi-asset capabilities.
• ESG BooksupportingTechnology or IntegrationData partner providing global sustainability data and technology, offering ESG-related data, scoring, and technology products.
• CliffwatersupportingTechnology or IntegrationData partner and leader in alternatives for 20 years through proprietary research, indexes, and investment solutions. Direct Lending Indexes available through Rimes.
• EuronextsupportingTechnology or IntegrationData partner and pan-European stock exchange connecting European economies to global capital markets.
• CanDeal Data & AnalyticssupportingTechnology or IntegrationFixed income pricing and reference data available through Rimes partnership for enhanced fixed income data coverage.
• BigTXNsupportingTechnology or IntegrationPartnership for ETF data to power sanctions compliance, combining BigTXN capabilities with Rimes' ETF data management.

Scale indicators10 records

Recent moves18 records

Expansion highlights6 records

Direct peers

• Bloomberg: Bloomberg provides financial data, analytics, and the Bloomberg Terminal used by investment professionals globally. Bloomberg is both a direct competitor in market/reference data and a data partner feeding into Rimes' network, representing the largest incumbent threat in the investment data space.
• FactSet: FactSet provides financial data and analytics for investment managers, with overlapping offerings in portfolio analytics, market data, and reference data. FactSet is simultaneously a strategic partner (extended Matrix collaboration) and a direct competitor to Rimes in investment data management for buy-side firms.
• MSCI: MSCI is a leading provider of investment indexes, ESG ratings, and analytics for institutional investors. MSCI directly competes with Rimes in index/benchmark data distribution and ESG data, while also being part of the broader index provider ecosystem that Rimes integrates.
• S&P Global Market Intelligence: S&P Global Market Intelligence provides financial data, analytics, and research to investment professionals, with strong overlap in reference data, indices, and portfolio analytics. Their scale, brand, and bundled offerings make them a primary incumbent competitor to Rimes' enterprise data management solutions.
• ICE Data Services: ICE Data Services is a global provider of financial market data, analytics, and connectivity solutions. ICE competes directly with Rimes in reference data, pricing, and index data while also being a data partner within Rimes' network of 800+ providers.
• Charles River Development: Charles River Development (State Street) provides investment management software for front-to-back-office workflows, with deep overlap in portfolio management, trading, and post-trade settlement. Charles River is both a Rimes technology partner and a competing platform for institutional asset owners and managers.
• Eagle Investment Systems: Eagle Investment Systems (now BNY Mellon) provides investment accounting, performance measurement, and data management solutions for institutional investors. Eagle is a direct competitor in investment data management and EDM, while BNY is also one of Rimes' largest enterprise customers.
• Confluence Technologies: Confluence provides investment data management, analytics, and regulatory reporting solutions for asset managers and asset owners. Confluence is a direct competitor in performance, attribution, and regulatory reporting data workflows for institutional investment firms.

Emerging players

• Clearwater Analytics: Clearwater Analytics provides cloud-native investment accounting and analytics for buy-side institutions, with growing overlap in data mastering and reporting workflows. Clearwater's modern cloud architecture and rapid growth make it an emerging challenger to legacy EDM providers including Rimes.

Broad incumbents

• Finastra: Finastra is a large fintech provider of financial software applications across banking, capital markets, and investment management. While broader in scope than Rimes, Finastra offers overlapping capabilities in investment data and operations for institutional clients, making it a broad incumbent competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubevimeo.com/rimestechnologies
• LinkedInlinkedin.com/company/50172

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rimes Technologies