NEW YORK -- (BUSINESS WIRE) -- REDI Global Technologies, developer of the REDIPlus execution management system (EMS), today announced that Sean Sullivan has joined the newly independent company as the Global Head of Business Development. Sullivan will report directly to REDI’s CEO, Rishi Nangalia.
Sullivan, who brings to REDI more than 20 years of experience in financial technology, will oversee global business and sales strategy for the newly independent company, which until July 2013, was the trading technology arm of a single broker’s execution services. In this key role, Sullivan will bring to market the now broker-neutral REDIPlus EMS and associated products.
Most recently, Sullivan was the President of Advise Technologies, a software solutions provider for global regulatory compliance. Prior to that, Sullivan served as the Head of Global Sales for Eze Castle Software. Sullivan has also enjoyed a successful career in trading, sales, and information technology.
“I’m thrilled that Sean Sullivan has joined our team,” said Rishi Nangalia, CEO of REDI Global Technologies. “He shares our focus on providing our clients with innovative financial technology on a single platform. His financial industry experience combined with his record of leadership positions REDI for rapid growth.”
“For more than 20 years, REDI has been a leader in trading technology and user experience, yet was only available as a single broker execution tool,” said Sean Sullivan. “I’m looking forward to guiding the growth and success of this newly independent company. REDI has over 700 active clients trading across the globe. With REDI’s new corporate structure, trading professionals can now access all of their counterparts on a single platform. With such a large industry footprint, being an independent software company opens the doors to innovation for new products and services our clients have been asking for. It’s a very exciting time for REDI.”
About REDI Global Technologies
Broker-owned until July 2013, REDI is now an independent, industry-supported and consortium-owned financial technology company. With access to 97 percent of the world’s equities and derivatives electronic exchanges via broker networks, the REDIPlus® EMS provides a single platform for seamless order routing of equities, futures and options across the Americas, EMEA and Asia-Pacific.
REDI Holdings LLC (“REDI”) operates the REDIPlus® Execution Management System, a leading global technology platform offered across the Americas, EMEA and Asia-Pacific through its wholly owned subsidiary, REDI Global Technologies LLC, a registered U.S. broker-dealer and member of FINRA/SIPC, and through REDI’s global affiliates outside of the United States. To learn more, visit www.redi.com.
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