Messaging Architecture Key as Citadel, REDI Partner on New OEMS

As Jake Thomases wrote for sibling publication Waters earlier this year, the road to an integrated, or hybrid, order and execution management system (OEMS) has proven a winding one, and for a variety of IT and business reasons, it's usually led to a dead end. But when REDI, the EMS provider born within Goldman Sachs, was officially spun off in July, a new opportunity arose.

"An integrated OMS/EMS desktop is a problem the buy side has been facing for north of a decade, and one that many folks