REDI: Multi-Asset EMS
Wall Street & Technology has the latest update on REDI following its February 2012 article. Of interest:
- “application service provider (ASP) model”
- “installed on the client side is the front end and the desktop client software”
- “buy-side firms have increasingly expressed a preference for broker-neutral systems as opposed to single-dealer systems”
- “could also be a sign that developing multi-asset EMSs is too costly for brokers”
- ‘could add on the order management piece used by portfolio managers” – finally a workable OEMS?