Boston Partners deploys Matrix, the investment management platform by Rimes

Rick Steves

Matrix, an investment management platform by Rimes, streamlines the management of intricate, multi-level investment and product structures, enhancing the clarity of portfolio management and investment decisions.

Rimes has announced the successful launch of the Matrix investment management platform at Boston Partners.

This new enterprise data warehouse marks an advancement in Boston Partners’ data management operations. By integrating multiple data sources, the platform enables comprehensive enterprise reporting, business intelligence, historical data retention, and distribution to downstream systems.

Matrix was deployed without disrupting Boston Partners’ daily business activities

The project, which began in January 2023, was completed with the platform going live on September 1, 2023. According to Rimes, the implementation process was expedited to ensure a smooth transition without disrupting Boston Partners’ daily business activities.

Following the successful launch, Boston Partners has expanded its collaboration with Rimes for ongoing maintenance of the platform, recognizing the benefits of a continually evolving managed service.

Stuart Plane, Managing Director and Head of Enterprise Solutions at Rimes, noted Boston Partners’ eminent status in the industry and expressed Rimes’ commitment to supporting their technological and business development goals. “Boston Partners have an outstanding reputation in their industry, and we are thrilled to collaborate with them on this significant project. Our primary focus is to assist them in achieving their technological and business development objectives.”

Matrix: a non-restrictive solution for various investment management needs

Matrix, an investment management platform by Rimes, streamlines the management of intricate, multi-level investment and product structures, enhancing the clarity of portfolio management and investment decisions. This cloud-native platform is designed to scale investment strategies, offering a flexible, non-restrictive solution for various investment management needs.

Asset Allocation: Matrix automates cash allocation and rebalancing processes, addressing challenges in asset allocation decisions. It allows the blending of indexes, setting of rebalance periods and target weights, and provides a comprehensive view of holdings with audited workflow capabilities. This feature aids in visualizing external managers’ holdings.

Exposure Management: The platform serves as a comprehensive solution for aggregating and analyzing assets, utilizing diverse factors and classification schemes. It tackles issues like untimely data, multiple back-office providers, misalignments between front and back-office processes, intraday trading, and market movements. Matrix offers flexible position views, extraction of position data, and advanced investment data management.

Digitization and Automation: Matrix supports the automation of complex workflows, integrating external calculations for a unified investment process experience. This integration ensures repeatability, transparency, and improved governance, spanning exposure management, external calculations, and workflow solutions with audit and control features.

Reporting and Compliance: To address evolving regulatory reporting demands, especially in ESG investing, Matrix provides reliable data and flexible tools for accurate and timely performance, exposure, and fund manager reports. Rimes equips users with quality data and analytics tools to meet complex, multi-jurisdictional regulatory requirements.

Data Distribution and Warehousing: The platform facilitates data distribution and warehousing across various office levels and to third-party systems via cloud, API, and desktop. It utilizes private, client-specific data “lake-houses” built on dedicated Azure infrastructure and can integrate with industry partners like Snowflake for data warehousing and distribution.

 

  • Read this next

    Institutional FX, Uncategorized

    Why retail brokers are launching prime services

    Insights are provided by leading industry experts, including Elina Pedersen, Co-CEO & CRO of Your Bourse; Andrew Saks, Chief Product Officer at TraderEvolution; Natalia Zakharova, Head of Business Development at FXOpen; and Jay Mawji, CEO of Infinox.

    Institutional FX

    Cboe to launch MSCI-based options and volatility indices

    “We are excited to expand our Cboe-MSCI toolkit with additional index options and volatility indices – an enhancement that will not only broaden our customers’ product choice, but also enrich the ways they interact with and analyze the global markets.”

    Fintech

    Traxys taps Quantifi for risk management in commodities trading

    “We wanted to take a more sophisticated approach to risk management and have a consolidated view of risk exposures across our global operating model. Quantifi was our preferred choice as it has a track record of success in the commodities markets.”

    Digital Assets

    Startale Labs Secures Funding for Web3 Expansion

    Startale Labs, a leader in Japan’s Web3 development, including Astar Network and Startale Web3 Cloud, has raised an additional $3.5m from UOB Venture Management and Samsung Next. This seed extension round boosts their total seed funding to $7m, following a $3.5m investment from Sony Network Communications in June 2023.

    Retail FX

    XS.com acquires South African broker Ubutyebi Financial Services

    XS.com, the multi-regulated financial services provider, has made a strategic move to expand its presence in Africa by acquiring Ubutyebi Financial Services, a licensed Financial Service Provider (FSP) in South Africa regulated by the Financial Sector Conduct Authority (FSCA).

    Digital Assets

    Hong Kong advances legislation on stablecoins and crypto trading

    Hong Kong is moving forward with legislation to regulate stablecoins and crypto over-the-counter (OTC) trading in the latest effort to develop a legal framework to service the city’s digital-asset industry.

    Digital Assets

    Do Kwon to be extradited to US as South Korea request overturned

    Terraform Labs co-founder Do Kwon is set to be extradited to the United States to face fraud charges related to massive losses suffered by U.S. investors due to its algorithmic stablecoin collapse.

    Retail FX

    Prop firm Instant Funding pauses US accounts, citing ThinkMarkets ban

    Proprietary trading firm Instant Funding has become the latest retail platform to halt onboarding new US clients, citing a recent decision by their partner broker, ThinkMarkets.

    Retail FX

    Funded Trader and Alpha Capital switch to cTrader, Lark Funding to DXTrade

    Proprietary trading firms Lark Funding and Alpha Capital have both announced changes to their operations that mainly affect their business with US clients.

    <