#USA #New York #Data Management #Rimes #Vijay Mayadas

Rimes Appoints Vijay Mayadas as New CEO

In a strategic move to bolster its position as a leader in investment data management, Rimes has announced that Vijay Mayadas will serve as the new President and Chief Executive Officer. This change comes at a pivotal time for the company, known for its pioneering solutions in enterprise data management and investment platforms across the global investment community. Mayadas, a seasoned fintech executive with over 25 years of experience, takes over from Brad Hunt, who will transition to the role of Vice Chairman of the Rimes Board.

Vijay Mayadas previously served as President of Capital Markets at Broadridge Financial Solutions, where he significantly scaled the company's revenue from $600 million to over $1 billion and increased its market capitalization closer to $30 billion from under $3 billion. His tenure at Broadridge was marked by groundbreaking innovations in financial services, especially through the introduction of AI-powered trading platforms and distributed ledger solutions, which now facilitate trillions of dollars in transactions monthly.

Donal Smith, Chairman of the Board at Rimes, expressed confidence in Mayadas’s leadership abilities, stating, "Vijay is a world-class executive with an exceptional track record in driving global fintech expansion and revolutionary product innovation. His deep, practical knowledge of next-generation technologies, particularly AI, positions him uniquely to accelerate Rimes's strategy and lead the company into its next chapter of market leadership and growth."

In his new capacity, Mayadas emphasized the importance of reliable and meticulously curated data, which he describes as essential in today’s increasingly AI-driven workflows. "Rimes has built a tremendously successful business in the last 30 years and is recognized for its benchmarking data and indices. I am incredibly excited about the opportunity before us. No company is better positioned than Rimes to fill the critical need for a 'fabric of intelligence' within this ecosystem," he remarked.

With the backing of Five Arrows, an alternative asset management branch of Rothschild & Co, Rimes has solidified its unique market leadership position within the global investment ecosystem. This is primarily due to its deep partnerships with top-tier clients and an unparalleled network of over 800 data partners. This robust ecosystem fuels Rimes's innovation and has continually empowered it to provide essential solutions throughout the investment lifecycle—from its suite of benchmark data and ESG information to its advanced asset allocation and rebalancing platform tailored for the world's most intricate asset owners.

Under Mayadas’s direction, Rimes is set to deepen its investments in this ecosystem—focusing on its personnel, technology, and partnerships—ensuring that every client can leverage data as a real competitive advantage.

About Rimes

Rimes provides transformative enterprise data management solutions to the international investment community. With a passion for solving complex data problems, the company delivers insights that support over $75 trillion in assets under management annually. Global institutional investors, asset managers, and service providers trust Rimes to help them make informed investment decisions utilizing accurate information and state-of-the-art technology. For more information, visit www.rimes.com.

About Five Arrows

Five Arrows is the alternative asset management arm of Rothschild & Co, managing over €29 billion in assets across various offices, including Paris, London, New York, and San Francisco. Their private equity strategy focuses on investing in companies with strong management teams, solid unit economics, and operational levers to unlock latent value. Industries of interest include data and software, tech-based business services, and healthcare. For additional information, check Rothschild & Co.