NEW YORK -- (BUSINESS WIRE) -- REDI Global Technologies LLC (“REDI”), developer of the REDIPlus execution management system (EMS), today announced that Michael Sirchia has joined REDI as the Head of Infrastructure, reporting to Josh Schubkegel, REDI’s Chief Technology Officer.
In this role, Michael is responsible for the entire REDIPlus application infrastructure across systems, networks, and storage, including the build-out and migration to REDI’s global data centers. Michael’s appointment comes alongside REDI’s recent acquisition of BofA Merrill Lynch’s InstaQuote® business, which grew REDI’s workforce, client base and suite of middle-office solutions.
Michael brings to the role more than 17 years of experience managing infrastructure for low latency and mission-critical trading platforms. Most recently, Michael was the Head of Performance Engineering for the Electronic Trading group at JP Morgan. Prior to his time with JP Morgan, he served as the Director of Platform Engineering for the Systematic Trading group at Citigroup. He has also held positions with Lava Trading and Greenwich Technology Partners.
REDI’s Chief Technology Officer, Josh Schubkegel, joined REDI in late 2012 after serving as the manager of trading technology at Bridgewater Associates. Schubkegel says REDI is focused on recruiting talent from diverse sectors and backgrounds to drive strategic initiatives and platform expansion.
“As an independent and broker-neutral financial technology company, we are growing our business through strategic acquisitions and expanding our product offering. We are investing both in our technology and in our people,” said Schubkegel. “Michael brings a wealth of industry experience, and most importantly, an understanding of our clients’ technology needs. We’re delighted to welcome him to our team.”
“I’m joining REDI as we are building our infrastructure from the ground up, which positions us for our next phase of growth,” said Sirchia. “This gives us a unique opportunity to build out data centers that support our clients with new technologies and provide a faster time to market. I look forward to being part of REDI’s growth story.”
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 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.