Thomson Reuters Completes Redi Acquisition
Acquisition of New York-based EMS vendor to bolster Thomson Reuters’ buy-side solutions portfolio.
First announced last September, the acquisition will see the New York-based vendor operate as a wholly-owned subsidiary under the new Thomson Reuters Redi name. Redi's trading capabilities will be integrated into Eikon, Thomson Reuters' desktop, and Elektron, its suite of data and trading propositions.
"The buy side continues to need truly open, broker-neutral trading systems and we will be actively investing in and promoting Redi to meet the needs of our customers," said Michael Chin, managing director, global head of trading at Thomson Reuters, in a statement. "By integrating the capabilities with other Thomson Reuters solutions, we will create in Eikon a truly end-to-end trading solution for the buy side while further expanding the breadth and depth of market data available via Elektron."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
‘AI for everyone, everywhere, with everything’
Waters Wrap: Anthony looks at some interesting projects involving machine learning, generative AI, and agentic AI from the last year.
Waters Wavelength Ep. 327: Standard Chartered’s Mo Rahim
He joins the podcast to discuss data and AI governance and guardrails for AI.
Paxos files to become SEC-registered clearing agency
The application comes after the blockchain infrastructure company completed a pilot in 2021 to test its settlement service.
Generative AI brings testing times for modelers
Flagstar’s lead model validator offers some tips for safely integrating LLMs into risk models.
Genesis CEO steps down, Wells Fargo deploys agents, DTCC sells Report Hub, and more
MarketAxess has enhanced its dealer-initiated protocols, EquiLend launches a market intelligence tool powered by AI, and the summer heat fuels fury over market data prices in this week’s news roundup.
PE money tips the ‘scale’ for growing vendors
The IMD Wrap: For many businesses, being able to take the next step toward success involves the ability to scale. Max looks at two recent fundraising deals that speak volumes about where the industry is headed.
Waters Wavelength Ep. 326: Connectifi’s Nick Kolba
He joins the podcast to discuss the model context protocol, LLMs and agentic AI.
Euroclear readies upgrade to settlement efficiency platform
Euroclear, Taskize, and Meritsoft are working together to deliver real-time insights and resolution capabilities to users settling with any of Euroclear’s CSDs.
