Red Oak is a compliance software company founded in 2010 by compliance practitioners Stephen Pope, Cathy Vasilev and Rick Grashel. It describes its Compliance Connectivity Platform as the financial services industry's first and only Compliance Connectivity Platform: intelligent software that connects the stages of a fragmented compliance workflow, covering advertising review, disclosure management, website monitoring, registration management, internet supervision and social media compliance.
Artificial intelligence sits at the centre of the product, though the company specifies the approach as transparent, auditable AI rather than black-box automation. Technical work spans AI, regulatory compliance software, content review and supervision, and workflow automation, with the stated aims of unifying a manual process, reducing risk, cutting costs and shortening time-to-market for client firms.
The platform supports more than 2,300 firms globally, including almost all of the top 20 asset managers, across the financial services, asset management and investment management sectors. Red Oak has appeared on the Inc. 5000 list for seven consecutive years and reports over a decade spent refining its approach to regulatory compliance.
