The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

RIMES Appoints Mitesh Modi as Chief Operating Officer

Share article

RIMES Technologies, a provider of benchmark data services, today announced that it has hired Mitesh Modi as the company’s chief operating officer. Modi will take responsibility for all aspects of operational management across the increasing number of RIMES offices around the world. The appointment reflects RIMES’ continuous growth and ongoing commitment to global expansion.

Modi has significant international experience within the asset management industry at both an operational and strategic level. He joins RIMES from NewFinance Capital LLP, where he was chief operating officer and chief financial officer with responsibility for operations and other infrastructure areas. He has also worked in various capacities at Morgan Stanley Investment Management, where he was executive director, and Merrill Lynch Investment Managers, where he was managing director.

Christian Fauvelais, RIMES CEO, says: “We are delighted to welcome Mitesh to the RIMES team. His extensive experience in the financial services industry and his track record in client servicing will be invaluable to RIMES as we continue with our ambitious plans for growth. Mitesh joins at a particularly important time in our company’s development: in the past six months we have opened new offices in Shanghai and strengthened our presence in Europe with a base in Paris, so that we can support our expanding client base around the globe. Mitesh will play a critical role by making sure that RIMES’ commitment to service and product excellence remains uncompromised.”

Modi says: “RIMES is clearly a company with a great future. Its solutions lead the market, it attracts and retains the best people, and it has an extensive list of highly satisfied, loyal clients. RIMES’ commitment to innovation and customer service is reflected in the number of industry awards that it has won in the past few years. I am thrilled to have the opportunity to contribute towards shaping the company in this exciting stage of development.”

Related content

WEBINAR

Recorded Webinar: Data governance frameworks

You can listen to the recording of this webinar by registering on this page. Data governance – now more than ever – is critical to regulatory compliance, smart business decisions, risk management and cost efficiency. It is also one of the biggest challenges that firms face – and failing to get it right can result...

BLOG

Asset Control Targets Buy Side with Nielen Hire

Asset Control’s appointment of industry veteran Stef Nielen is part of a renewed focus on the buy side, following a number of contract wins in that segment. Nielen, who joins director, strategic development, hails from Axioma, where he was sales director, and has held sales-oriented roles with MSCI and RiskMetrics, among other buy-side oriented suppliers....

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual which took place in June 2020 was a huge success with over 1,100 delegates registered. We are currently working on our plans for 2021 and we hope to be back with an in-person event. Whatever the future holds you can guarantee our 2021 event will be back with an exceptional guest speaker line up of Regtech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment. Can't wait until 2021? make sure you sign up to our RegTech Summit Virtual, November 2020. More info...

GUIDE

The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...