REDI Now Independent of Goldman
REDI will be headquartered in New York, with offices in Boston, San Francisco, Chicago, London and Hong Kong. It is now an independent financial technology company that will look to deliver on an expanded broker network, broad cross-asset capabilities and global coverage. The vendor will offer broker-neutral solutions that span across the trade lifecycle.
Rishi Nangalia, who previously co-managed the Goldman Sachs electronic trading business development group, will assume the role of CEO.
"Our team understands the needs of the investment community and remains passionate about delivering technology solutions that will drive the industry forward," Nangalia says. "Our clients are at the core of everything we do and we look forward to continuing to develop our community of investors, brokers and content providers."
Representatives from each of the investor firms will join the REDI board, according to the companies involved.
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