Rimes Partners with Databricks to Deliver Managed Data Services

Partnership expands entry to Rimes’ ruled funding knowledge by means of Databricks’ Delta Sharing protocol, accelerating AI-ready knowledge supply for monetary establishments

Rimes, a number one supplier of enterprise knowledge administration and funding intelligence options to the worldwide funding group, immediately introduced a partnership with Databricks, the Data and AI firm, to make Rimes Managed Data Services obtainable natively on the Databricks Data Intelligence Platform. The partnership leverages Delta Sharing, the open-source protocol for safe knowledge trade, enabling monetary establishments to entry and combine Rimes’ trusted, ruled knowledge instantly inside their Databricks environments.

Through this partnership, Rimes clients can be in a position to join to their structured datasets with out replication, decreasing latency and accelerating entry to high-quality, AI-ready knowledge. The mixture of Rimes’ deep area experience in funding knowledge and Databricks’ open, unified platform and flagship AI merchandise, similar to Agent Bricks, will enhance monetary establishments’ capability to optimize analytics, automate workflows, and drive new ranges of knowledge intelligence with operational effectivity.

“Rimes has constructed a repute for delivering the best high quality managed knowledge and knowledge governance capabilities,” mentioned Vijay Mayadas, President and Chief Executive Officer at Rimes. “Through our thrilling partnership with Databricks, we’re extending that functionality to allow purchasers to speed up their time to perception and unlock the complete potential of their funding knowledge.”

“Enterprises are on the lookout for methods to scale high-quality, trusted AI apps and brokers on their very own knowledge,” mentioned Dael Williamson, Field CTO, EMEA, Databricks. “By making Rimes’ Managed Data Services obtainable through Delta Sharing, monetary establishments can now entry clear, curated, and well timed funding knowledge instantly inside their Databricks workspaces, simplifying collaboration and powering their analytics and AI workloads.”

Since the Five Arrows funding in 2024, this partnership represents the primary part in Rimes’ broader technique to allow seamless, interoperable knowledge experiences throughout the monetary ecosystem. In the longer term, Rimes will broaden availability to extra datasets and discover enhanced AI and analytics use instances – delivering a unified knowledge layer that connects trusted, explainable knowledge to the subsequent technology of clever workflows.

The publish Rimes Partners with Databricks to Deliver Managed Data Services first appeared on AI-Tech Park.