NEW YORK — November 10, 2016 — REDI Global Technologies and S3 Partners today announced that they have teamed up to provide REDI’s clients with access to S3's award-winning BLACKLIGHT™ platform, an advanced suite of treasury management reporting and analysis tools that provide security, stability and franchise longevity.
Michael Rude, REDI's Chief Revenue Officer, said: "This partnership with S3 Partners allows us to provide REDI users with an extremely valuable suite of treasury management data and reporting tools to support long-term business growth and stability. Intelligence of this nature is more important than ever, and we're pleased to introduce it to our clients."
BLACKLIGHT centralizes, fortifies and reconciles treasury management data. Using its Treasury, Collateral and Counterparty Risk Management tools, buy-side firms are able to create the reporting and data extracts they need to effectively track and manage their Total Cost of Ownership and Terms (TCOT). The web-based platform provides clients with highly customizable, consolidated reports for margin, cash, positions, commission wallet, ROA (return on assets), financing and broker vote metrics.
"REDI powers the trading of some of the industry's largest and most advanced fund managers. Our tools can centralize and fortify mission-critical treasury management data into the hands of the people that know how to use it best, and we're excited to bring them to the REDI client base," added Bob Sloan, S3 Partners' Founder and CEO.
Clients who qualify are eligible for a free 60-day trial of BLACKLIGHT. Click here for more information.
About S3 Partners
S3 is a global, independent financial analytics, technology and services firm founded in 2003, headquartered in Manhattan. S3 BLACKLIGHT is an analytics and technology platform that uniquely consolidates all financing and capital markets data for every market, product, function, and counterparty.
A broad spectrum of the world’s premiere asset managers use S3 BLACKLIGHT’s Treasury, Collateral, and Counterparty Risk Management data, reporting, and analytics to manage Total Cost of Ownership and Terms (TCOT™).
The firm, services, and proprietary technology have received notable industry recognition and awards. S3 is recognized across the financial services industry for its entrepreneurial culture and consistent track record of market leadership, technological innovation, and commitment to creating long-term client value.
For more information about S3, visit s3partners.net or call 212-715-4300.
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.
©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.