riomsc.exe is part of Rio Music Manager and is used to organize and copy files onto the Rio MP3 player. Disabling or enabling it is down to user preference.
Non-system processes like riomsc.exe originate from software you installed on your system. Since most applications store data in your system's registry, it is likely that your registry has suffered fragmentation and accumulated invalid entries which can affect your PC's performance. It is recommended that you check your registry to identify slowdown issues