Industry News and Insights
Despite their perceived differences, compliance, visibility and oversight are all directly related. No business can run effectively without them, and financial services firms should ensure that these three essential components have a central place in the company's operations. To that end, what can business leaders do to improve these three areas of importance?
1. Retain knowledgeable staff As in most industries, employees are a financial services firm's greatest asset. A good staff can overcome just about any obstacle, and the only…read more
This year’s Financial Services Institute (FSI) OneVoice conference turned out to be one of the most productive forums for engaging with decision-makers.
At first, attendance at the summit, held from January 23-25 at the San Francisco Marriott Marquis, may have appeared a bit lower than in previous years due to industry consolidation. However, the audiences at the keynote addresses and panel discussions—and the attendees who stopped by the Docupace booth—were mostly senior leaders and executives, and this rich concentration of higher-ups made the conference the ideal place to meet the right people. Right from the get-go, the DOL Fiduciary Rule…read more
Cyber security is a constantly evolving field. As soon as experts manage to contain one threat, hackers move on to another. It's a constant game of cat and mouse that will likely never end.
Of course, this doesn't mean financial services firms should neglect their cyber defenses. Security is a moving target, and organizations need to be constantly reevaluating their preventative measures. Therefore, with 2017 on the horizon, it's important to start thinking about how cyber security will change in the new year. Let's take a look at what challenges IT departments can expect to face in the coming months.read more
All industries evolve and the Financial Services industry is bracing for a tidal wave of change that is over twenty years in the making. The applicability date for the DOL Fiduciary Rule is April 10, 2017. In an industry that has been trying to adopt true digital processing for over two decades, this rule presents a significant push for change and significant challenges for Broker-Dealers, particularly those who continue to rely on home-grown, slow moving legacy systems, and those who have not been successful with transitioning their advisory force to digital processing. With less than eight months left, will firms be able to jump the Great Broker-Dealer Chasm of 2017 or will they fall...read more
The great irony for the financial services industry in trying to reach millennials is, despite young adults’ interest in building and passing along wealth, they are reluctant to engage with wealth managers.read more
Data breaches are an increasing issue for companies. Even small organizations are not safe from attacks, and cyber security has become a major investment. The Federal government is in the midst of passing laws to protect and better facilitate direct action on behalf of affected organizations.read more
Docupace and Security Snapshot to Extend Cyber-Security Management Solutions for Financial Services Firms
SEC/FINRA Compliant and Secure Straight-Through Processing Platform and Security Solutions Provider to Deliver Holistic Cyber-Security for Broker-Dealers and RIAs LOS ANGELES – (MAY 13, 2015) – Docupace Technologies, LLC (“Docupace”), a provider of SEC/FINRA-compliant paperless processing systems, announced today that it is joining with leading computer security services company Security Snapshot, LLC (“Security Snapshot”) to deliver comprehensive cyber-security solutions for financial services firms. The agreement is expected to fuse Docupace, the only secure, SEC/FINRA-compliant and paperless straight-through processing platform in the financial...read more
When you begin using Docupace (or frankly any imaging solution), one of the first questions you should ask is “Am I only going to scan in my ‘day forward’ (new documents) or am I also going to scan in my old documents “? If the answer is “New and old”, you will be quickly kicking off a Back Scanning project. Before starting this project however, it is important you answer some key questions: When will you start back scanning: Immediately, wait a few months, etc.? Who will do it: Existing staff, temp, outsource, etc? When will they (staff) do it: An hour a day, full time to completion, 2 clients a week, etc.? Do I have the right scanner: Should I purchase...read more
“Docupace is a welcome addition to our technology platform, allowing us to continue to provide our independent Financial Professionals with a competitive edge in a fast paced and regulated industry,” said Wilson Williams, Founder and Chief Executive Officer of Williams Financial Group. “Our goal was to create immediate operational efficiencies, reduce costs, improve service and streamline office workflows for our affiliated field of Independent Financial Professionals.” WFG now has the flexibility to retrieve their documents anywhere they can get on the Internet, turn their office paperless and achieve critical redundancies. Click here to read the full press...read more
Press Release | 8/8/2017 | Docupace
Docupace Taps Veteran Sales Director James Caulkins as Chief Revenue Officer; Rickey Bijlani Joins Docupace as Director of Marketingread more
Docupace Applauds NASAA’s Adoption of Policy on Electronic Offering Documents & Electronic Signatures
Press Release | 5/17/2017 | Docupace
NASAA issued its new Statement of Policy concerning electronic documents and electronic signatures for securities offerings. We have applauded this move and reiterated our position, highlighting the EPACS AI Solution.read more
New ePACS Connect Embeds Cyber Security Services with the Ultimate Straight-Through Processing Platform
Press Release | 1/23/2017 | Docupace
Docupace’s Enhanced Mobile Platform Combines Cyber Security Services with a More Fluid, Flexible Straight-Through Processing Experience–While Securely Connecting Documents and Data to the Cloudread more
Press Release | 1/05/2017 | Docupace
Docupace Technologies, LLC, the financial services industry’s leading provider of Straight-Through Processing solutions, announces that Chief Information Officer John Cunningham will fill the additional position of Chief Information Security Officer. Mr. Cunningham takes over from Tom Embrogno, who will step into the newly created role of Global Strategic Advisor.read more
White Paper Explores Technology Solutions that Facilitate Paperless Straight-Through Processing for Financial Services Companies
Press Release | 12/13/2016 | Docupace
Docupace Technologies, has released an industry white paper to educate broker-dealers, registered investment advisors (RIAs) and other financial services companies about document processing and cybersecurity productsread more
Press Release | 12/06/2016 | Docupace
Docupace Technologies, announced it has added 20 employees to its staff and 22 new enterprise clients to its roster in 2016, and has moved to new corporate offices in Los Angeles and Las Vegas.read more
Press Release | 10/25/2016 | Docupace
Six out of the top 10 independent Broker-Dealers featured in InvestmentNews’ September 2016 ranking of the fastest-growing IBDs by revenue from 2011-2015, utilize components of the Docupace ePACS Productivity Suite for enhanced business processing.read more
Press Release | 6/01/2016 | Docupace
Docupace Technologies, announced that it has raised $16.5 million in capital from Palisades Growth Capital and TVC Capital.read more
Press Release | 4/20/2016 | Docupace
Docupace Technologies LLC, financial services’ premier digital compliance and cyber security company, announced today that it will pursue growth independently of investment from RCS Capital Corporation (NYSE: RCAP).read more
Press Release | 2/2/2016 | Docupace
Waddell & Reed this week announced a strategic partnership bringing Envestnet, Inc. (NYSE: ENV) and Docupace Technologies together to create a custom platform that will help Waddell & Reed financial advisors open and manage client accounts.read more
Tom Embrogno of Docupace Technologies talks about challenges and opportunities for financial advisors in the years ahead. Tiburon Executive Roundtable: Tom Embrogno from Impact Productions Group on...
Rep. Magazine / WealthManagement.com – October 26, 2012 Workflow Technology for IBDs and RIAs Michael Pinsker, CEO, Docupace Technologies, chats with Rich Santos, Group Publisher of WealthManagement.com about workflow technology while at the Tiburon CEO Summit XXIII in San Francisco, California, October 2012.
Technology Innovations and Trends in the Industry T3 Video Channel / TechnologyToolsForToday.com – February 12, 2012 Michael Pinsker of Docupace Technologies talks to roving reporter Marie Swift of Impact Communications while at the T3 Conference about technology and trends in the industry. And how Docupace helps advisors build more efficient and profitable...