Protect Your Clients and Reduce Your Risk
With RedBlack, you’ll never miss a trade, transaction, mismatched quantity, price discrepancy or other reconciliation errors – while maintaining a compliant framework for trade operations. Our post-trade compliance guarantees accurate order fulfillment and seamless DTCC confirmations and affirmations to increase efficiency. You can also document trade decisions on a per trade or per order set basis and permanently archive all trades created in RedBlack.
Features that Reduce Risk and Errors
Trade Reconciliation
Guarantee accurate trade order fulfillment by reconciling trades sent from RedBlack against next day’s transactions imported from your portfolio management system, or directly from all major custodians. Instantly and visually view highlights of missing trades, missing transactions, quantity mismatches, price discrepancies, and other reconciliation errors. You can also document all reconciliation decisions using notes.
Trade Order Memorandums
RedBlack lets you quickly and easily generate trade order memorandums for individual orders and block trades across thousands of orders. You can also white-label unlimited templates to account for any trading scenario.
Confirmations and Affirmations
With RedBlack, you can seamlessly manage DTCC confirms and affirms for your various trading parties at the sub-account or omnibus level.
Trade Documentation and Archival
RedBlack gives you the ability to document trade decisions on a per trade or per order set basis and permanently archive all trades created in the platform. Search the archive using a wide variety of fields to filter on and build a library of unlimited custom queries to quickly execute searches using frequently used criteria.