10.12.2007 14:09:00
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Standard & Poor's and RIMES Technologies Team to Provide Credit Ratings Data to International Investors
NEW YORK, Dec. 10 /PRNewswire/ -- Standard & Poor's, a leading provider of financial market intelligence, announced it will provide its premier credit ratings data to RIMES Technologies and its customers, highlighting the financial services industry's increasing demand for credit ratings information.
RIMES Technologies, a leading integrator of financial data for the international investment community, has expanded its portfolio of data with Standard & Poor's Issue & Issuer Credit Ratings covering the universe of Global Issuers, Structured Finance, and Public Finance sectors. RIMES clients will be able to access Standard & Poor's credit ratings via the RIMES Desktop, either through RIMES Online, which provides browser-based access to pre- formatted reports, or through RIMES RTXLNET, which turns Excel into a data and analytics browser. Standard & Poor's credit ratings will also be available via RIMES SmartFiles(C), a custom file service which feeds data directly into any applicable system, in any file format.
"Investment professionals continually insist on having more information at their fingertips no matter what the platform or interface they use," said Charles Warburton, Director of Product Management for S&P. "Through our RatingsXpress data feed delivery, Standard & Poor's can provide precise insight with our credit ratings to RIMES clients through the variety of accessible tools that RIMES offers."
Christian Fauvelais, Chief Executive Officer and Co-President of RIMES Technologies, said, "RIMES recognizes the need for our clients to have access to the very best data available to support their investment decisions. In particular, we believe that Standard & Poor's credit ratings provide exceptional insight through its objectivity and intellectual rigour."
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies , is a leading provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 22 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/.
About RIMES:
RIMES, a financial data integrator, delivers the world's premier sources of data to fund managers, investment banks, custodians and corporates. In 1996 RIMES pioneered the delivery of highly customised information and analytics via the internet; over 200 financial databases are now available. RIMES data is delivered either through powerful desktop analytical tools geared towards front-office operations, or through RIMES SmartFiles(R) delivering custom file services directly to the mid and back office. Operating on the principles of quality, speed, cost-effectiveness and reliability, RIMES continues to drive change through product and service innovation. For more information and the latest news, visit http://www.rimes.com/
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