Doug Garrity, Senior Partner at RIMES commented: âThe Peopleâs Republic of China is a key strategic market for RIMES, so it was time to have a local, physical presence. As our clientsâ operations expand, so do their data management and support requirements. Additionally, in recent months there has been considerable interest from China-domiciled institutions, which we intend to pursue. We look forward to expanding further into the region in the future.â
The new office is located in the Standard Chartered Tower in LujiazuiâShanghaiâs financial centreâacross the street from the landmark Jin Mao and Shanghai World Financial Center buildings. It will be staffed by a local team who underwent extensive training at RIMESâ headquarters in New York. They will join the RIMES 24/7 Global Support Team which already serves clients from New York, Toronto, Seattle, Sydney, Nicosia and London.