Thomson Reuters Bases Buy-Side Workflow Solution on REDI, Eikon, Autex

Blog entry

Seeking to capitalize on its acquisition this year of the REDI buy-side EMS platform, Thomson Reuters this week unveiled its solution for enabling buy-side trading workflow integration. The initiative combines REDI – already an accomplished buy-side execution management platform – with TR’s Eikon desktop and the Autex liquidity network – itself a prime buy-side facility.

The new buy-side solution – which also features collaboration tools in the form of the Thomson Reuters Eikon Messenger, now available via REDI – combines REDI’s trading capabilities with Eikon’s data, news and analytics services, allowing the client to leverage the same market data across both platforms.

REDI users can also gain access to broader liquidity via Autex Trade Route, Autex Indications of Interest (IOI) and Advertised Trades (AT), which offer traders greater transparency into prices and executed trades, respectively, by some of the world’s largest banks and brokers.

According to Joseph Monte, founder and chief executive officer of Merus Global Investors, the new solution offers a “compelling solution to address our needs. As a multi-strategy trading firm, we needed a reliable, broker-neutral trading platform that streamlines our workflow across asset classes and maximizes our efficiency.”

The new TR solution achieves that “by bringing together the full breadth and depth of Thomson Reuters data and desktop with their REDI execution management system, Eikon Messaging and access to the Autex network,” he says.