RedBlack

RedBlack is investment management software for RIAs, wealth managers and family offices that trade across several custodians. It is one of the few standalone rebalancing and trading systems, and the company says its platforms support more than $1 trillion in assets for firms from roughly $50 million to over $130 billion in AUM.

The rebalancing module monitors drift, runs tactical and model rebalances, manages cash and tax-loss harvesting, and applies pre-trade compliance rules. Orders are routed and executed through built-in order management, with post-trade reconciliation and DTCC confirmations. A portfolio accounting product adds aggregation and reconciliation, performance reporting, billing, business intelligence and a client portal, and the firm also sells outsourced rebalancing, trading, billing and back-office services.

RedBlack is based in Atlanta. Invesco sold intelliflo, including its US arm, to Carlyle, and the US business was carved out and renamed RedBlack.