LSEG to sunset Redi EMS in favor of Tora

Sources say competitors will look to seize on the decision to win over Redi’s sizeable US client base.

London Stock Exchange Group is planning to sunset its Redi execution management system in favor of its Tora offering, WatersTechnology has learned.

WatersTechnology understands that LSEG will wind down its support of the legacy EMS by the end of 2025. As part of the transition, Redi users will need to create new integrations with downstream systems—i.e., order, risk, and/or portfolio management systems. Two Redi users who were alerted to the decision last year say they are currently exploring

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