Rimes, a leading provider of enterprise data management and investment platform solutions to the global investment community, is pleased to announce the appointment of Vijay Mayadas as President and Chief Executive Officer. Mayadas, a seasoned FinTech executive with a track record of scaling global businesses and driving innovation in financial markets, succeeds Brad Hunt, who will assume the role of Vice Chair, Rimes Board of Directors.
With more than 25 years of pioneering experience at the intersection of technology, data, and financial services, Mayadas joins Rimes after 12 years at Broadridge Financial Solutions, where he most recently served as President of Capital Markets. In that role, he grew the business from $600 million to over $1 billion in recurring revenue and during his tenure helped drive the company’s market capitalization from under $3 billion to nearly $30 billion. Mayadas also spearheaded the launch of industry-first innovations, including AI-powered trading platforms and distributed ledger solutions that are now processing trillions of dollars in monthly transactions.
Donal Smith, Chair of Rimes Board of Directors, commented: “Vijay is a world-class leader who brings an excellent track record of scaling global FinTech franchises and driving breakthrough product innovation. With deep, hands-on expertise in leveraging next-generation technologies, especially AI, Vijay is uniquely qualified to accelerate Rimes’ strategy and lead the company in its next chapter of market leadership and growth.”
“Rimes has built an extraordinarily successful business over the last 30 years - truly the gold standard in benchmark and index data,” said Vijay Mayadas, President and Chief Executive Officer, Rimes. “I am incredibly excited about the opportunity in front of us. In a world of increasingly AI-driven workflows, the need for trusted, independent and highly-curated data - an “intelligence fabric” - is more critical than ever. There is no company better positioned than Rimes to fill that gap.”
