NEW YORK — February 17, 2016 — REDI Global Technologies today announced it has partnered with OpenFin, provider of the industry's leading HTML5 container technology.
Through the relationship, REDI and its partners will leverage OpenFin's technology to deploy new web-based applications within the next-generation REDI trade management platform. As a result, users will be able to access native REDI and third-party content in a much more flexible and efficient manner.
"OpenFin is fundamentally changing the way applications are written, deployed and run within the financial community," said REDI CTO Mark Etherington. "Ten years ago, the idea that you could natively integrate web-based applications from multiple providers within a legacy environment in a way that is completely transparent to the user was unthinkable, and yet that's exactly what OpenFin is allowing us to do."
Mazy Dar, CEO of OpenFin, added: "The work REDI has done to re-architect its platform in such an open and collaborative manner is extremely impressive, and we are glad to have played a small part. By leveraging our technology, third-parties will be able to easily and efficiently deploy their applications within the REDI front end, providing REDI's users with a wider array of content options than ever before."
At REDI, we are focused on bringing a new level of efficiency, transparency and openness to the trading process by building a collaborative community of investors, brokers, technology firms and content providers.
Through our modular, end-to-end trade management platform, users can execute everything from simple single stock trades to complex strategies across markets and time zones and manage your risk throughout the trade lifecycle. Access our growing network of over 175 execution brokers to route Equities, Futures or Options orders globally, as well as dozens of integrated prime and clearing brokers through our expanding suite of middle office tools. Collaborate with our broker and vendor partners, who are able to efficiently plug into our platform to reach our community of more than 5,000 active users.
REDI was among the industry's first providers of trading technology and has pushed the state-of-the-art forward for more than 20 years. Today, with the backing of our investors – Bank of America Merrill Lynch, Barclays, BNP Paribas, Citadel, Goldman Sachs and Lightyear Capital – we're building on our history of innovation to become an open, industry-backed ecosystem for the entire trading community.
OpenFin is the financial industry's leading HTML5 container. Built on Google Chromium and tailored for financial firms, OpenFin is a powerful HTML5 engine that enables seamless deployment, native experience and desktop integration. The world's largest banks and trading platforms use OpenFin to deploy applications both in-house and to over 250 buy-side and sell-side customers. For more information, please visit www.openfin.co.
©2016 REDI Holdings LLC and its subsidiaries. All rights reserved. REDI is a registered trademark in the United States and other countries throughout the world. Approved for distribution in the United States by REDI Global Technologies LLC, member FINRA, and the United Kingdom by REDI Technologies Ltd., which is authorized and regulated by the UK FSA (registration number 612490). This communication is not intended to be a recommendation, solicitation or offer to buy or sell any financial instrument. Options involve risk and are not suitable for all investors.