#USA #New York #Snowflake #Rimes #Kieran Kennedy

Rimes Appoints Kieran Kennedy as Chief Revenue Officer

Rimes, a prominent provider of enterprise data management and investment intelligence solutions, has made a strategic move by appointing Kieran Kennedy as their new Chief Revenue Officer. With a wealth of experience exceeding 30 years in the finance and data sectors, Kennedy's expertise is expected to play a significant role in driving Rimes' growth in an evolving market.

Kennedy's previous role as the Global Vice President of Data Cloud Product Partnerships at Snowflake had him overseeing a team responsible for generating over $1.2 billion in annual revenue. His leadership in building influential cloud applications and data marketplaces within the industry is indicative of his capacity to innovate and lead teams through significant transformations.

Before his tenure at Snowflake, Kennedy spent three decades at FactSet, where he held numerous leadership positions, consolidating a solid understanding of global sales, client solutions, product development, and strategic partnerships. His remarkable track record includes managing a $1.4 billion business serving over 4,000 firms and 85,000 users, showcasing his capability in managing expansive operations effectively.

Kennedy’s entry into Rimes comes at a crucial time as the investment industry faces a pivotal shift driven by advancements in Artificial Intelligence (AI) and an increasing need for quality data that supports decision-making processes. His experience navigating high-growth environments and deep comprehension of financial markets positions him perfectly to accelerate Rimes' commercial development. With the investment landscape constantly evolving, Rimes recognizes the importance of adapting both its strategies and offerings.

In his own words, Kennedy stated, “Rimes is at the center of one of the industry’s most important transformations, as firms shift from merely managing data to activating intelligence. As clients navigate unprecedented complexity across diverse data sources, AI models, and cloud ecosystems, they need trusted, governed, interoperable data to deploy AI safely and effectively.” This marks a significant shift in Rimes' strategy to leverage its data intelligence capabilities to support clients in this challenging environment.

Vijay Mayadas, President and CEO of Rimes, expressed confidence in Kennedy's unique blend of financial data expertise and cloud platform knowledge, emphasizing his critical role in evolving the company’s commercial strategy at a time when institutional investors are leaning towards more interconnected, intelligence-driven workflows.

Kennedy's appointment follows a significant investment made by Five Arrows, the alternative assets division of Rothschild & Co, which has contributed to Rimes' multi-year endeavors to enhance product capabilities and strengthen client relationships. This financial backing is a testament to Rimes' ambitions to emerge as a leader in enterprise data management.

Rimes not only provides comprehensive data management solutions but empowers investment firms with impactful analytics that contribute to more than $75 trillion in assets under management (AUM) annually. Kieran Kennedy’s leadership is expected to enhance Rimes' offering, positioning the company at the forefront of data intelligence, ensuring that it adequately meets the needs of institutional investors and asset managers in an ever-changing landscape.

In conclusion, the appointment of Kieran Kennedy as Chief Revenue Officer presents an exciting chapter for Rimes as it navigates significant industry changes and strives to uphold its reputation as a trusted partner within the investment community.