Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it has integrated ETF Data managed by RIMES into several of its products, including ICE ETF Hub, ICE Portfolio Analytics and ICE FI Select. This enhancement will allow customers to access digestible and comprehensive equity and fixed income ETF data across ICE’s suite of ETF workflows.
ICE remains committed to creating and improving efficiencies within the ETF environment and across the lifecycle of an ETF — from benchmarking, to the create-redeem process and ultimately to listing on the NYSE. Its work with RIMES, a global leader in managed data services, will provide clients who create or use ETF products deeper insights, analytics and data to make more informed decisions.
“This data offers our customers more transparency into the vast array of ETF information by providing clear insights, delivered in a standardized format,” said Peter Borstelmann, President of ICE Bonds. “It also allows us to optimize the create-redeem and portfolio trading processes for our customers and bring additional information and efficiencies when placing and managing market orders.”
Customers using ICE ETF Hub will be able to use the RIMES ETF service to access issuer data across equity and fixed income securities, further building on ICE’s streamlined ETF create-redeem process, while ICE Portfolio Analytics and ICE FI Select clients will have critical constituent and fund-level data when evaluating, trading and executing fixed income securities.
“RIMES is known for the quality and integrity of the data we provide to our clients,” said John Farris, EVP and Head of Global Strategic Partnerships and Alliances. “By combining ICE’s expertise across the ETF lifecycle and the workflows they have created with RIMES ETF data, we are together able to provide market participants with more detailed and higher-quality information when executing trades and analyzing post-trade activity.”
The addition of RIMES’ ETF data service to ICE’s platforms and services offers customers a centralized place for information and reduces the manual work involved in analyzing fund and constituent specific information. For more information about ICE’s work with RIMES, please visit https://www.theice.com/fixed-income/ice-bonds.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on February 4, 2021.
SOURCE: Intercontinental Exchange
ICE-CORP
About RIMES
RIMES is an award-winning data management specialist that truly understands the challenges faced by its clients. It supports over 350 asset managers, owners, servicers and banks in 45 countries including 60 of the 100 largest global asset managers by AUM and 9 of the top 10 asset servicers in the world. The company is headquartered in New York with 14 offices worldwide.
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Contacts
ICE Media Contact:
Damon Leavell
damon.leavell@ice.com
(212) 323-8587
ICE Investor Contact:
Mary Caroline O’Neal
marycaroline.oneal@ice.com
(770) 738-2151
RIMES Media Contact:
Laura Davis
(587) 577-0429
laura.davis@rimes.com