About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Rimes Names Brad Hunt – Former Strategy Lead at BNY Mellon – as CEO

Subscribe to our newsletter

Rimes Technologies, a provider of managed data services, has appointed Brad Hunt as CEO. The company describes the appointment as a follow-on from a ‘significant growth investment’ in Rimes by Swedish private equity firm EQT Partners in February 2020. Rimes’ co-founder and former CEO, Christian Fauvelais, retains a role on the company’s board and will provide guidance on strategy and focus on retaining the company’s customer centric culture built over the past 25 years.

In December 2020, Rimes strengthened its executive team, again following the EQT investment, with three hires – Alex Myers as chief product officer, Scott Miller as chief revenue officer, and Matthew Bagley as chief financial officer.

Hunt will focus on expanding Rimes’ value proposition by delivering modernised outsourced data management solutions that address industry issues of data complexity and cost. These include the company’s lean data management service that was released in April 2021 and provides a flexible, cloud-based, service-led approach to data operations. Its aim is to resolve the challenges of costly, inflexible enterprise data management systems by providing control of, and visibility into, the entire data supply chain. The service includes ESG data that is becoming integral to investment decisions.

Prior to joining Rimes, Hunt ran strategy and business development at Bank of New York Mellon – Global Markets. During his 30 years of experience in capital markets, he has also worked with companies including IHS Markit and Goldman Sachs.

He says: “The industry is going through tremendous change. Investment strategies require a specialised and granular approach, which data professionals are being expected to deliver on reduced budgets. By joining Rimes, I can get stuck into addressing the buy-side pain point of delivering complex data strategies in a cost effective way. I look forward to working with Rimes’ global talent and leading the company in continuing to deliver value to customers by accelerating innovation in lean data management so we can reduce the buy-side’s data cost footprint and deliver a higher quality service for data management specialists.”

Fauvelais says: “It was particularly important for me to ensure we brought on board the right person to continue leading the charge on Rimes’ development and growth, while delivering ongoing value to our customers. Brad has an extremely impressive track record on developing and transforming businesses, which will be invaluable as Rimes navigates managed data services innovation.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Taking a holistic approach to buy-side data management

Date: 7 February 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes As data volumes and complexity continue to increase, buy-side data management is at an inflection point. Manual processes and data siloes are no longer fit for purpose, and firms need to take a more holistic approach to data management...

BLOG

Depicting Crypto’s Data Dilemma Before the Next Winter Cold Bites

By Berta Ares Lombán, Head of Digital Assets Financial Information at SIX. The crypto winter, when a basket of leading cryptocurrencies lost around $1.9 trillion in value, put a much-needed spotlight on the long-term future of digital assets. While this is not the first time cryptocurrencies have seen significant adjustments to their valuations, the fallout...

EVENT

TradingTech Briefing New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...