Rimes, a provider of enterprise data management (EDM)-as-a-service and investment platform solutions, has entered into an agreement to be acquired by Five Arrows, the alternative assets arm of Rothschild & Co. Five Arrows targets category leading B2B data and software sectors across a focused set of end markets, including financial technology. Founded in 1996, Rimes serves 60 of the world’s top 100 asset managers, as well as the 10 largest asset servicers in the world. Powered by its proprietary, multi-tenant cloud technology platform, Rimes’ data management solutions enable its clients to make better investment decisions using reliable data, while improving cost efficiency and reducing operational risk.
