Boston Partners deploys Matrix, the investment management platform by Rimes
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.