

An Interview with Carol Penhale
Sep 15, 2025
Carol Penhale, a leader at Rimes focusing on the Canadian market, shares her insights on performance measurement and AI trends. She emphasizes the critical importance of data quality, timeliness, and granularity, especially as the industry integrates AI. Carol also discusses her unique side gig as a Santa Claus Parade clown and offers advice for newcomers in performance management. She reflects on the evolving landscape of finance, including the shrinking role of financial intermediation and the industry's direction towards 2025.
AI Snips
Chapters
Books
Transcript
Episode notes
Longtime Toronto Parade Clown
- Carol has been a celebrity clown in the Toronto Santa Claus Parade for about 20 years and loves the joyful contrast with her day job.
- She walks the full eight-kilometer route and enjoys the public laughter and festive atmosphere.
How She Got Into Performance
- Carol's origin in performance measurement came from producing reports and seeing how numbers shifted quartile rankings and influenced behavior.
- She observed month-end trading to influence performance and later challenges with private investments growth.
RIMES' Appeal For Canada
- Carol joined RIMES to expand its Canadian footprint because of their strong data and Matrix platform for public and private assets.
- She values RIMES' vendor coverage and asset-agnostic tools for buy-side, sell-side, wealth, and custody use cases.