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- Refinitiv Closes Acquisition of AlphaDesk to Deliver Integrated Trading Workflow to Buy-Side
June 17, 2019
Refinitiv Closes Acquisition of AlphaDesk to Deliver Integrated Trading Workflow to Buy-Side
Acquisition brings OMS capabilities alongside existing Refinitiv EMS trading and analytical capabilities to deliver integrated workflow solution
New York/Toronto – Refinitiv now offers OMS trading capabilities as part of its end-to-end trading workflow solution following the completion of its acquisition of AlphaDesk. Refinitiv announced its acquisition of AlphaDesk on May 23.
Cloud-based AlphaDesk adds a multi-asset class and multi-currency OMS platform with flexible workflows, adaptable to the differing needs of individual buy-side traders and asset managers. Refinitiv continues to offer pre-trade data and analytics via its flagship financial platform Eikon, which is integrated with its EMS trading capabilities from REDI. Over the coming months, Refinitiv will begin integrating AlphaDesk with Eikon and its other trading workflow solutions.
“We are delighted to welcome AlphaDesk officially to Refinitiv,” said Michael Chin, managing director, co-head of Trading, Refinitiv. “Our past collaboration with AlphaDesk makes them a strong fit for us, and the integration of their platform with our existing products further expands Refinitiv’s presence as a premier trading solution for professionals across the buy-side community. Refinitiv now delivers an even more powerful buy-side trading solution that is flexible, compliant, interoperable, and covers all segments of the trading workflow. As a Cloud-based provider, the integration of AlphaDesk further aligns with Refinitiv’s overall Cloud strategy, and will help provide a more seamless path to implementation and integration yielding significant cost-savings and agility for our clients.”
More on Refinitiv’s trading capabilities is available here.