Red Oak was founded in 2010 by a team of compliance and technology experts – Stephen Pope, Cathy Vasilev, and Rick Grashel. Stephen and Cathy had experience building an internal advertising review solution when they worked together at a large hybrid BD/RIA/Insurance Distributor, with Cathy as the head of supervisory systems and controls and Stephen as the director of application engineering. In the course of their work, they recognized that the financial services industry was faced with a growing need for intelligent software solutions that could help compliance teams streamline their efforts and mitigate risk. They partnered with Rick Grashel, who was the director of Hadoop/big data solutions for Dell and brought him on to lead Red Oak’s technology and development efforts.

Over the years, Red Oak has been consistently recognized for providing best-in-class, intelligent compliance software solutions. Red Oak currently serves over 1,800 firms around the world, including over half of the top 20 global asset managers and has become the software of choice in the financial services and insurance industries.