Envestnet, a financial technology corporation, completed the acquisition of Redi2 Technologies, a provider of revenue management and hosted fee-billing solutions. Financial terms were not disclosed. "Redi2 is a pioneer and innovator in the cloud-based delivery of wealth and investment management billing software, making them an ideal partner as we continue to strengthen our financial wellness ecosystem. With Redi2's solutions, we become the industry leading provider of revenue and billing tools needed by all industry constituents—including advisors, wealth firms, and asset managers. This acquisition enhances our strategic enablement of service and data, and over the next two years will create operating leverage by bringing Envestnet and Redi2's administrative, revenue, and billing services together," Tom Sipp, Envestnet Executive Vice President.