EQT invests in RIMES Technologies Corporation

From: RegTech Analyst

FinTech firm RIMES Technologies Corporation is set to improve its data management and RegTech solutions on the back of new investment from EQT, a global investor.

The “significant growth investment” will help RIMES Technologies Corportation support and accelerate execution of the company’s strategy to provide valuable and connected data insights to the investment industry as well as boosting its RegTech solutions.

“We are excited to partner with EQT for the next stage of our growth,” said Christian Fauvelais, CEO, president and co-founder of RIMES. “EQT’s values strongly align with ours and their expertise in data, software and services businesses makes them a great partner as we move to deepen our client relationships and further grow our presence in the data management space across all regions. The partnership will accelerate our ongoing commitment to our existing clients across data management and RegTech and allow us to increase the pace at which we can invest in new technology and infrastructure to bring new solutions to the market, including in areas such as ESG and ETF data.

“We are committed to developing the best people and technology to provide the most valuable and connected data insights to the investment industry anytime, anywhere. This partnership with EQT takes us one step further towards our vision of a global investment industry able to rely on quality data management.”

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