08.04.2016

REDI Rolls Out Enhanced Cloud-Delivered Platform

08.04.2016
REDI.com  – NEW YORK – REDI Global Technologies today announced the launch of the next generation of its fully web-based platform, ROCC (REDI Over Cloud Computing). Powered by PowWow Mobile, this new version of ROCC is run out of Amazon Web Services’ (AWS) state-of-the-art data centers in Virginia (primary) and Oregon (backup), which provide the industry’s most advanced security, reliability and performance.

In addition, ROCC users are now able to leverage REDI’s full suite of middle office tools through the platform, as well as the advanced new trading and analytics products from REDI and third-party partners that are set to be introduced over the coming months. The PowWow platform is also powering the recently launched REDI Mobile, which allows REDIPlus users to access the platform from the convenience of their iPad.

Mark Etherington, CTO of REDI, said: “ROCC is an attractive option for clients seeking the ease, flexibility and cost-effectiveness that a web-based platform provides. With these new features that are available through it and its presence in the industry-standard AWS datacenters, we think its appeal for our user base will only increase.” He continued: “We have had great success partnering with industry-leading technology firms to help us introduce tactical-level innovation while our development staff focuses on more strategic projects. PowWow has been an excellent partner for two of these projects, both of which provide real value to our users.” Clients interested in learning more about upgrading to the new ROCC should contact their REDI account manager or the support desk.

About REDI  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.

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