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RIMES SmartFiles(R) to Feed FinAnalytica's CognityFoF Analytics Platform
(Marketwire Via Acquire Media NewsEdge) NEW YORK, NY, July 25 / MARKET WIRE/ --
FinAnalytica Inc., provider of post-modern
risk management and portfolio construction analytics, and RIMES
Technologies Corporation, leading financial data aggregator, today
announced a partnership that will allow SmartFiles, RIMES' full-service
customized data delivery solution to feed FinAnalytica's CognityFoF
analytics platform.
SmartFiles take the pain out of data processing, providing immediate access
to over 200 premium financial sources and incorporating in-house
information as easily as third-party datasets. All data sources become
accessible via a single, direct data feed via the Cognity software suite.
Christian Fauvelais, CEO of RIMES Technologies, commented: "RIMES pioneered
the delivery of financial data over the Internet. We introduced SmartFiles
in response to clients' demands for something which would simplify in-house
data management, leaving them to focus on their core business. Through
customized file delivery, FinAnalytica will receive quality data which
exactly meets the specific needs of their clients, formatted the way they
want."
FinAnalytica will use the SmartFiles service to aggregate and initially
deliver over 600 branded risk factor indices from leading sources including
Standard & Poor's, Russell, MSCI, Merrill Lynch, Citigroup, CBOE and Hedge
Fund Research.
"We are very excited about our new partnership with RIMES," said Doug
Martin, CEO of FinAnalytica. "Integrating RIMES SmartFiles service into
our CognityFoF platform allows us to be responsive to customer demand for
high quality, timely risk factor data. Using RIMES' best-of-breed data
aggregation and delivery allows us to focus on FinAnalytica's best-of-breed
risk and portfolio construction analytics."
About RIMES Technologies
RIMES, the financial data integrator, delivers the world's premier sources
of data to fund managers, investment banks, custodians and corporates. In
1996 RIMES pioneered the delivery of highly customised information and
analytics via the internet; over 200 financial databases are now available.
RIMES data is delivered either through powerful desktop analytical tools
geared towards front-office operations, or through RIMES SmartFiles?
delivering custom file services directly to the mid and back-office.
Operating on the principles of quality, speed, cost-effectiveness and
reliability, RIMES continues to drive change through product and service
innovation. Further information: www.rimes.com
About FinAnalytica
FinAnalytica is a leading provider of "glass box" portfolio and risk
management solutions for quantitative analysts and portfolio managers.
FinAnalytica's Cognity software suite incorporates the latest and most
transparent advances in analytics, including comprehensive treatment of
real world fat-tailed and skewed asset returns. FinAnalytica clients
include leading fund of funds, hedge funds and asset management firms.
Further information: www.finanalytica.com
Contacts:
Michael Palmieri
FinAnalytica Inc.
New York City
(212) 551-1147Email Contact
Alessandro Ferrari
RIMES Technologies
London
+44 (0) 20 7743 6040Email Contact
Copyright ? 2008 Marketwire
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