In a major move poised to reshape the landscape of enterprise data management, Rimes, a trailblazer in providing EDM-as-a-Service and investment platform solutions, announced on April 9, 2024, its acquisition by Five Arrows, the investment arm of Rothschild & Co. This strategic purchase is set to catalyze Rimes’ growth and bolster its global reach, creating a powerhouse in the investment technology sector. [Read more…]

A new data throughput record has been set at Europe’s largest Internet Exchange (IX), DE-CIX Frankfurt. In parallel to the quarter-final second leg of the UEFA Champions League, on April 16 at 9:21 p.m. (CEST), more than 17 terabits per second (Tbit/s) (to be specific, 17.09 Tbit/s) of data flowed over the IX for the first time. 17 terabits per second corresponds to 5.7 million videos in HD quality being streamed simultaneously. In an analog world, 17 terabits per second is equivalent to around 3.9 billion A4 pages of text – i.e. a stack more than 420 kilometers high, almost 50 times higher than Mount Everest. This means that data traffic at one of the world’s largest Internet Exchanges has increased by 20 percent overall since the beginning of 2023 and by almost 60 percent since the beginning of 2022. Looking at the past five years, data throughput at DE-CIX Frankfurt has almost tripled.

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Rohde & Schwarz and VIAVI Solutions, Inc. have supported the European OTIC in Berlin in the process of awarding O-RAN conformance certification for international markets. The certification of an indoor O-RU of the LPRU-series from VVDN Technologies was completed according to O-RAN specified processes and procedures as defined by the O-RAN ALLIANCE. This marks the first certification accomplished by a European test lab.

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In a move set to shake up the world of investment management, Sit Investment Associates has joined forces with Rimes, a global leader in enterprise data management solutions, to embark on a transformative journey towards modernization. With a whopping $15 billion Assets Under Management (AUM) in the U.S. market, Sit Investment Associates stands tall as one of the largest independent, family, and minority-owned investment firms. [Read more…]

In a monumental move towards combating climate change, Rimes, the leading provider of enterprise data management solutions, has just received approval from the Science Based Targets initiative (SBTi) for its near-term science-based emissions reduction target. The approval marks a significant step forward in Rimes’ commitment to aligning its environmental efforts with the latest climate science and achieving net-zero emissions by 2030. [Read more…]

In a bold move towards a connected future, the Car Connectivity Consortium has just dropped a bombshell – the CCC Digital Key Certification Program. But here’s the real kicker: Comprion is the secret sauce behind the validation, offering a groundbreaking tool that’s set to redefine the way we interact with our vehicles and smartphones. [Read more…]

In a significant stride toward modernizing its technology infrastructure, Pzena Investment Management has successfully integrated with the Matrix investment management platform, marking a collaborative effort with Rimes to enhance operational efficiency, risk mitigation, and portfolio optimization. The achievement, announced today, follows Rimes’ official engagement with Pzena in February 2023, with the service going live in mid-September. Notably, this deployment represents Rimes’ inaugural implementation of a compliance rule framework-based optimization process within Matrix, a managed service offering full infrastructure and application support. [Read more…]

In a joint effort to bolster circular economy initiatives, Nokia has teamed up with Orange as part of the United Nations Industrial Development Organization’s (UNIDO) Switch to Circular Economy Value Chains (SWITCH2CE) initiative. The collaboration will focus on enhancing circular practices in network equipment, including the establishment of a new repair center in Egypt to extend product lifetimes and promote sustainable networks. [Read more…]

In a significant leap towards embracing the dynamic landscape of artificial intelligence (AI), Rimes joyfully announces the official inauguration of its AI Lab, spearheaded by Theo Bell, the newly appointed Head of AI Product. This groundbreaking initiative is poised to redefine the collaboration between the Rimes Product Engineering team and clients, offering a dedicated space to prototype novel ideas and applications utilizing proven AI technology. [Read more…]

In a groundbreaking collaboration, Nokia and Ooredoo Qatar have achieved a significant milestone by establishing the Middle East and Africa’s (MEA) inaugural private wireless network dedicated to the energy sector. This innovative project stands out as the first of its kind in the region, aiming to provide exclusive voice and customer data services in some of the most remote and challenging locations. [Read more…]

In an exciting development, Rimes is thrilled to announce the successful launch of the Matrix investment management platform by Boston Partners. Serving as its enterprise data warehouse, this initiative marks a significant milestone for Boston Partners in streamlining their data management operations. [Read more…]

In a move that underscores Redwheel’s dedication to innovation and delivering exceptional value to its clients, the independent active investment manager has chosen to enhance its data management capabilities through an extended relationship with Rimes. The decision, announced on Wednesday, November 15th, 2023, marks a pivotal step for Redwheel, showcasing its commitment to establishing a robust investment data intelligence function and a systematic data management foundation. [Read more…]