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: Transforming Data Experiences in Quantitative Research and Trading

Date: 14 March 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes For quantitative researchers and quant trading teams at banking and capital markets firms, the ability to access, integrate, and share data is critical. Data and how teams collaborate with data underpins the ability to generate alpha, perform execution analyses,...

BLOG

How Well Managed No-Code Data Solutions Can Bring Agility without Headaches

By Christian Nentwhich, CEO, Duco. When businesses are looking to improve their operations, they frequently look at their data. Capital market participants use data to provide pre and post-trade analysis to make more informed trading decisions. Businesses use financial management tools to streamline internal operations. Medical facilities use data to manage patient records and create...

EVENT

Data Management Summit New York City

Now in its 12th year, the Data Management Summit (DMS) in New York brings together the North American, capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

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...