Docupace Technologies Experiences Significant Growth in 2016

LOS ANGELES, Nov. 14, 2016 /PRNewswire/ -- Docupace Technologies, LLC, the financial services industry's leading provider of SEC/FINRA-compliant Straight-Through Processing solutions, announced that 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. The addition of these new enterprise clients expands Docupace's already impressive client base.

"Our recent independence has enabled us to provide more resources and support to help financial services companies meet investors' needs and grow their businesses securely," said Michael Pinsker, CEO and Founder of Docupace Technologies. "Earlier this year we raised $16.5 million that helped the company continue to develop advanced technologies for the industry and fuel our growth.  Also, this year we have added 22 enterprises to our client rolls which is a powerful vote of confidence in our innovative technology solutions. We look forward to continuing to grow, and empowering more broker-dealers, RIAs and advisors to become more operationally efficient while adhering to changing regulations in the coming year."

New Employees

Two key employees who joined Docupace in 2016 include:

• John Cunningham, Chief Information Officer: Mr. Cunningham will oversee information technology (IT) strategy and the infrastructure systems required to support all clients. He will also be responsible for deployment and delivery to clients.
  
  Mr. Cunningham was previously Chief Information Risk Officer at Ares Management, where he helped manage alternative assets and identify information risks across the firm. Earlier in his career, he was a Vice President at J.P. Morgan Asset Management responsible for global security and network solutions, products and strategy, engineering, and implementation roadmaps. 
  
  Additionally, Mr. Cunningham was a Captain in the U.S. Army responsible for more than 250 military personnel. He is a Gulf War veteran.
  
  
• Tim Highland, Vice President of Strategic Solutions: Mr. Highland will work with Docupace's Sales, Project Management and Account Management teams to assist Clients in maximizing the ROI of their Docupace deployments.  Serving as a liaison for Clients and prospective Clients, he will work with Docupace's internal teams to identify and suggest solutions to meet Clients' evolving needs.
  
  Mr. Highland has 30 years of experience in the wealth management and financial services industry. He previously served as the Executive Vice President of Business Development of IPI Wealth Management, where he helped grow the firm's advisor services. Additionally, he worked as the Client Executive of National Partnerships at Russell Investment Group, where he helped identify strategic opportunities for independent broker-dealer clients.

New Office Locations

• As part of Docupace's ongoing growth efforts, the company expanded its corporate headquarters in Los Angeles to provide more space and resources for development and innovation.
• A new Las Vegas office was opened to further strengthen the sales and marketing team's efforts to promote Docupace's solutions and products.

New Enterprise Clients

During 2016, Docupace experienced significant growth throughout the year.

"Our growth is further evidence that Docupace Technologies has the right solutions for Broker Dealers and RIAs at the right time and at the right price.  Firms need enabling technologies that allow them to do more with less as they grow.  Our solutions do just that.  They're infinitely configurable and highly-affordable," said Tom Embrogno, Chief Information Security Officer and Co-Inventor of the ePACS solution suite. "We offer firms unmatched value they cannot find elsewhere.  Our solutions are battle tested with a nearly 15-year track record of success.  Docupace Clients benefit by also being part of an ecosystem of shared best-practices.  Not only are our solutions purpose built to handle mission critical functions, but they also have the 'DNA' of some of the best and brightest minds from numerous firms incorporated. While many solution providers can make unsubstantiated claims regarding their functionality, Docupace stands alone in having delivered on its value proposition to its Clients."

About Docupace
Docupace Technologies, LLC pioneered and implemented Straight-Through Processing technology for financial services companies that help drive SEC/FINRA compliance. Docupace's cybersecurity and document management and workflow solutions simplify the process of capturing, organizing, routing and accessing information for broker-dealers and registered investment advisors (RIAs) that, under new government regulations, must keep thorough, secure records of documents that explain how they formulated recommendations that are in the best interests of investors. Docupace's innovative products have been proven to significantly reduce not-in-good-order (NIGO) conditions on document processing submissions for financial services companies.

Docupace currently services over 1 billion stored documents from more than 500 broker-dealers and RIAs. For more information, please visit www.docupace.com and follow @docupace (https://twitter.com/docupace).

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SOURCE Docupace Technologies, LLC

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