|Description||rebalancing trade order management|
RedBlack provides portfolio rebalancing and trade order management products for financial services professionals. Its design philosophy centers around industry input, hence its tagline “designed by Advisors - for Advisors.”
RedBlack was founded in 2007 on the tenet that everyone should be able to benefit from intuitive products that are right-priced without sacrificing functionality and quality. RedBlack has been live-testing its products in real trading environments right from the start. Its founders, two financial and two technology professionals, have proven real-world experience in investment management and large-scale business process automation systems.
With a data-centric open architecture, RedBlack products are agnostic to data source and type. With support for top custodians and the most commonly used data types in the industry, RedBlack boasts same day installation and startup. Most users are effective with use of its products within a few days.
Scaling and performance are also at the forefront of the architecture. Utilizing common computer hardware, tens of thousands of accounts can be imported, allocated and rebalanced, producing 100s of 1000s of trade orders in literally minutes.
RedBlack’s modular architecture empowers its agile development environment and enables a right-priced cost model with broad market appeal. Firms as small as $25 million AUM and larger than $10 billion AUM have come to experience the value of RedBlack products and services.