Rimes Technologies, the integrator of financial market data for the global investment community, has added PacificData to its portfolio of data partners.
Rimes says that PacificBase has been added to meet the demand from international fund managers and analysts to access, manipulate and cross-reference data from the increasingly important Japanese market.
It comprises detailed fundamentals and market information on 4,800+ Japanese listed companies as well as REITs and IPOs. The data is based on annual filings, earnings announcements and registration documents, is obtained from multiple sources and is subjected to rigorous data processing and quality assurance, states Rimes.
“Our aim has always been to provide integrated and comprehensive solutions for Japanese financial information to investment professionals worldwide,” says Luis Lamas, Founder & CEO of PacificData.
“Rimes adds significant value by maximising the value of data via its powerful integration and access tools.”
“Adding PacificBase to Rimes significantly enhances our Japanese data by offering researchers the unique ability to analyse this premium Japanese company data using the same integrated solutions as they do for international data,” comments Andy Barrow, Head of Rimes Asia Pacific.
“Japan opens up to foreign investment and benchmarks such as MSCI start to include more Japanese securities, the buy-side will need to understand small and mid-cap Japanese companies in much greater detail. Access to high-quality data will be crucial during this period, which makes Rimes and PacificBase such a great fit,” he adds.