RIMES Technologies, the award-winning benchmark data service provider, today announced that it has become the first data integrator to offer ETF ratings and analytical data from XTF, the global research and advisory firm dedicated to helping investors harness the power of Exchange Traded Funds.
XTF offers a focused range of technical and fundamental research, financial services and technologies that help investors understand the role ETFs play in enhancing investment returns and managing risks; they developed a quantitative, transparent, rules-based ETF ratings process which is rapidly becoming the industry standard by which all ETFs can be evaluated and compared. XTF offers the most comprehensive and analytical ETF data available today.
The XTF database evaluates the structural integrity and investment metric of every ETF including all costs, liquidity, tracking error, returns and risk. XTF also maintains the complete listing of every US-listed ETF and every component and component weight back to inception for every ETF on a daily basis. The data includes all rebalancing, cash components, excluded assets, and distributions automatically adjusted for on a daily basis, together with the Total Return of the ETF and the Total Return of the corresponding underlying index on a daily basis. ETFs are added and corresponding data made available usually by the first day of trading.
XTF provides thematic performance, fund flow and asset allocation data tracking components of most US-listed ETPs. With nearly 1 trillion in total assets, the data delivers a complete picture of institutional and individual investor flows and passive fund manager allocations driving global markets. The XTF database includes 5,041 Indexes covering every asset-class, sector, and industry in 32 countries.
Mel Herman, President & CEO of XTF said: “We are very pleased to be partnering with RIMES to deliver our data to a broad spectrum of clients globally. RIMES’ advanced technology will now make it easier for clients to access XTF’s unique ETF ratings and data.”
RIMES’ clients can now access the XTF database via the fully managed RIMES Benchmark Data Service (BDS), which takes care of all daily data operations. RIMES provides access to 500 financial databases from 150 data partners, and currently feeds in excess of 30 third-party applications, plus many internal systems. XTF data will also be available through the RIMES Desktop, providing easy browser-based access to data.
Christian Fauvelais, CEO and co-founder of RIMES Technologies added: “XTF provides unrivalled ETF data coverage, and we are delighted to be the first financial data integrator to add it to the RIMES portfolio of data and analytics, as it offers investors an essential set of tools to assist in their investment strategy.”