Linedata integrates Goldman's RediPlus into LongView OMS

Source: Linedata Services

Linedata Services (LIN.FP), a financial technology leader, providing software, solutions, and support for investment professionals, announced today that its LongView Trading order management system ("OMS") will include innovative technology designed to keep the OMS and EMS blotters in perfect synch.

Linedata kicked off this strategy with the integration of Goldman Sachs' EMS, REDIPlus, as well as drag-and-drop access to all of Goldman Sachs' algorithms, including global futures strategies. As Linedata's first EMS partner, Goldman Sachs clients will no longer need to move data between their LongView and REDIPlus blotters, and can trust that the order data on each is kept up to date with changes on the desk or in the market.

"We strongly believe that buy-side traders not only want to access to their preferred tools, but that they want to do so in a truly broker-neutral manner," said Linedata Chief Operating Officer Annie Morris. "Linedata is not owned by a broker/dealer, nor do we participate in commissions on trades that flow through the LongView platform. This integration technology supports our broker-neutral mandate."

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