Rimes appoints Vijay Mayadas as Chairman and CEO

New CEO Vijay Mayadas will accelerate Rimes' transformation into the "Intelligence Fabric" for the investment industry. Rimes, a leading provider of enterprise data management solutions and investment platforms for the global investment community, is pleased to announce the appointment of Vijay Mayadas as Chairman and Chief Executive Officer. Mayadas, a seasoned FinTech executive with a proven track record of scaling global businesses and driving innovation in financial markets, succeeds Brad Hunt, who will assume the role of Vice Chairman of Rimes' Board of Directors. After more than 25 years of pioneering work at the intersection of technology, data, and financial services, Mayadas joins Rimes following 12 years at Broadridge Financial Solutions, where he most recently served as Chairman of the Board, Capital Markets. In this role, he grew the company's revenue from $600 million to over $1 billion and, during his tenure, helped increase the company's market capitalization from under $3 billion to nearly $30 billion. Mayadas has also spearheaded the launch of industry-first innovations, including AI-powered trading platforms and distributed ledger solutions that now process trillions of dollars in transactions each month. Donald Smith, Chairman of the Board of Directors of Rimes, commented: "Vijay is a world-class leader with an outstanding track record of success in growing global FinTech franchises and driving groundbreaking product innovations. With his deep, practical expertise in leveraging next-generation technologies, particularly AI, Vijay is uniquely qualified to drive Rimes' strategy and lead the company into its next phase of market leadership and growth." "Rimes has built an extraordinarily successful business over the past 30 years—truly the gold standard for benchmark and index data," said Vijay Mayadas, Chairman and Chief Executive Officer of Rimes. "I am incredibly excited about this opportunity." In a world where workflows are increasingly driven by artificial intelligence, the need for trusted, independent, and carefully curated data—an "intelligence fabric"—is more important than ever. There is no firm better positioned than Rimes to fill this gap." With the support of Five Arrows, the alternative investments division of Rothschild & Co, Rimes has further expanded its unique leadership position at the center of the global investment ecosystem, driven by close partnerships with its blue-chip clients and an unparalleled network of over 800 data partners. This powerful ecosystem drives Rimes' innovations, delivering mission-critical solutions across the investment lifecycle—from its gold-standard benchmarks and ESG data to its sophisticated asset allocation and rebalancing platform for the world's most complex asset owners. Under Mayadas' leadership, Rimes will accelerate its investments in this ecosystem—in its people, its technology, and its partnerships—to ensure every client is empowered to turn data into a true competitive advantage. About Rimes: Rimes provides transformative enterprise data management solutions for the global investment community. Driven by our passion to solve the most complex data problems We provide our clients with investment intelligence that supports more than $75 trillion in assets under management annually. The world's leading institutional investors, asset managers, and service providers trust Rimes to make more informed investment decisions using accurate information and industry-leading technology. For more information, please visit www.rimes.com. About Five Arrows: Five Arrows is the alternative investments arm of Rothschild & Co. and manages over €29 billion in assets. The firm has offices in Paris, London, New York, Los Angeles, San Francisco, and Luxembourg. Five Arrows' private equity business, which manages more than €10 billion in assets, focuses on investing in companies with strong management teams, business models with high visibility of organic volume growth and strong economic fundamentals, as well as multiple operating levers capable of unlocking latent value. Sectors are limited to data and software, technology-enabled business services, and healthcare. For more information, please visit https://www.rothschildandco.com/en/five-arrows/corporate-private-equity/ (https://edge.prnewswire.com/c/link/?t=0&l=de&o=4511142-1&h=2865638236&u=https%3A%2F%2Fedge.prnewswire.com%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4511142-1%26h%3D1450242225%26u%3Dhttps%253A%252F%252Fwww.rothschildandco.com%252Fen%252Ffive-ar rows%252Fcorporate-private-equity%252F%26a%3Dhttps%253A%252F%252Fwww.rothschildandco.com%252Fen%252Ffive-arrows%252Fcor porate-private-equity%252F&a=https%3A%2F%2Fwww.rothschildandco.com%2Fen%2Ffive-arrows%2Fcorporate-private-equity%2F)Logo - https://mma.prnewswire.com/media/2774829/Rimes_Logo.jpg (https://edge.prnewswire.com/c/link/?t=0&l=de&o=4511142-1&h=1155624316&u=https%3A%2F%2Fedge.prnewswire.com%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4511142-1%26h%3D899200590%26u%3Dhttps%253A%252F%252Fmma.prnewswi re.com%252Fmedia%252F2774829%252FRimes_Logo.jpg%26a%3Dhttps%253A%252F%252Fmma.prnewswire.com%252Fmedia%2 52F2774829%252FRimes_Logo.jpg&a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2774829%2FRimes_Logo.jpg)View Original content: https://www.prnewswire.com/news-releases/rimes-ernannt-vijay-mayadas-zum-vorstandsvorsitzenden-und-geschaftsfuhrer-302559914.html Press contact: Steven Wright-Mark, [email protected] Original content from: RIMES, transmitted by news aktuell Original report: https://www.presseportal.de/pm/111497/6119920
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