RIMES Continues Expansion of Benchmark Data Universe with Addition of NASDAQ Commodities Indexes

LONDON--(BUSINESS WIRE)--RIMES, a leader in benchmark data management, has added NASDAQ OMX’s families of commodity indexes to RIMES BDS^®, its award-winning Benchmark Data Service. The addition of NASDAQ OMX commodity indexes will help RIMES customers to understand the complexities of the commodities market.

“In this complex and volatile market, it is essential that investors have the most sophisticated data management tools to adjust their commodity strategies as quickly and efficiently as possible.”

As a member of The NASDAQ Elite Index Data Program, all of NASDAQ OMX’s index data is available on RIMES, including these new families:

• The NASDAQ Commodity Index Family, which enables tracking of US dollar denominated commodities traded on US and UK exchanges and includes benchmark, tradable and sector indexes.
• The NASDAQ Axioma Equity-Commodity Index Family, which provides exposure to the spot prices of commodities through the use of equities.

“We are elated that RIMES has added these indexes to their innovative benchmark data service,” said NASDAQ OMX Executive Vice President John Jacobs. “In this complex and volatile market, it is essential that investors have the most sophisticated data management tools to adjust their commodity strategies as quickly and efficiently as possible.”

Christian Fauvelais, CEO and co-founder of RIMES, commented: “The addition of these innovative NASDAQ OMX indexes is a further step in our mission to deliver all the data required to meet the complex needs of the buy-side in a standardised and cost-effective manner. We provide immediate access to a universe of index & benchmark data that is unparalleled in coverage and quality.”

To explain the benefits of the new commodity index offering by NASDAQ OMX , RIMES will host a global webinar on November 28^th, 2012 at 8:00am (PST), 11:00am (EST), 4:00pm (GMT) and 17.00 (CET). For more information and to register, click here.

About RIMES

Founded in 1996 specifically to serve the complex data needs of the buyside, RIMES Technologies Corporation is a specialist provider of managed data services and one of the pioneering adopters of cloud-based technology to deliver highly customized financial data over the internet. Delivering world-class data, supported by first-class service remains a focus of RIMES today. RIMES is a unique global company, combining the best people with the most forward-thinking technology. The RIMES team of experts has unparalleled practical experience, gained at the heart of the industry, enabling them to deliver this service to over 200 institutions in 36 countries across the globe. www.rimes.com