RIMES SmartFiles(R) to Feed FinAnalytica's CognityFoF Analytics Platform
More News related to Press Releases
- Richard and Mica Hadar Scholars Dream Big and Overcome Adversity in Their Pursuit of College Education
- Yes! Solar, Inc. Introduces Revolutionary New Solar Residential Installation System
- EnergySolutions CFO Philip Strawbridge to Participate in Lazard Capital Markets Alternative Energy Conference
- Epicor Board Determines Not to Pursue Elliott Associates' Proposal
- The Illinois CPA Society Suggests Five Ways to Feel Better About Your Finances
NEW YORK, NY -- (MARKET WIRE) -- 07/25/08 -- 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) 551-1147 Email Contact Alessandro Ferrari RIMES Technologies London +44 (0) 20 7743 6040 Email Contact
Stocks Mentioned
Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
