Docupace Technologies, LLC Announces Kevin Laraia as Chief Strategy Officer

LOS ANGELES, Feb. 20, 2014 /PRNewswire/ -- Docupace, an industry leader in providing SEC/FINRA-compliant paperless processing systems for financial services firms, announced today the appointment of Kevin Laraia as Chief Strategy Officer, effective Feb 18, 2014.   In this new role, Laraia joins the Docupace management team and will lead strategic planning and execution of Docupace's vision and roadmap. Kevin will drive the industry to an unprecedented level of electronic processing leveraging the ePACS® solution and Docupace's growing client base of the top firms in the industry.

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Kevin Laraia joins Docupace with a wealth of experience within the Financial Services Industry, having spent over 20 years in broker dealer leadership positions.  Most recently, Kevin was the Senior Vice President and Chief Operations Officer of Cetera Financial Group.   Prior to joining Cetera, Kevin was the SVP – COO for the ING Advisors Network, where he led the core development team for the ING Advisors Network technology platform, ING SmartWorks. While serving in both leadership roles, Kevin was instrumental in the implementation and rollout of Docupace for field users, brokerage operations and each of the Cetera Broker Dealers. 

Michael Pinsker, chief executive officer of Docupace, said, "We are thrilled to have Kevin join our team.  His leadership and experience in the broker dealer industry, along with his passion for serving customers and his vision for growth, will help Docupace bring new solutions to our customers.  Kevin will lead our Straight- Through Processing initiative and partner with our clients as we continue to bring STP to the market!"

Docupace's ePACS® system is the industry's first web-based electronic paperless app and check service that transparently combines document imaging, document and check scanning, e-signatures, eForms, Check21 processing, and workflow automation.  This system allows clients, advisors and broker dealers to seamlessly and compliantly create and workflow process new account documentation, including e-signature.  Straight-Through Processing (STP) will take this to the next level, integrating clearing firms, mutual fund companies, insurance carriers and REITs into this seamless process.

"Docupace has brought disruptive technology and methodology to the industry," says Tom Embrogno, Executive Vice President. "Kevin was one of Docupace's first customers, and is the perfect person to lead the charge as firms convert from paper to electronic processes. There is not a system that exists to elegantly connect the client to the process, ePACS® is the solution and Kevin will bring Straight-Through Processing home for an industry in dire need of automation."

Laraia said, "I am honored to be joining the Docupace team.  Having worked with the Docupace team as a customer for the past twelve years, I know first-hand how our ePACS® system helps clients streamline operations, improve customer service and reduce expenses.  With the addition of Straight-Through Processing, Docupace will help our customers take their business to the next level."

Kevin will also be prominent in helping launch Docupace's latest offering, the Docupace STP Network®, powered by ePACS®, which is sure to make it the most comprehensive Straight-Through Processing (STP) platform available anywhere. It will be ground breaking in its scope as there is currently nothing remotely like it in existence today.

About Docupace

Docupace, is a privately held company based in Los Angeles. Established in 2002 and quickly gaining market share, the company is an industry leader in delivering SEC/FINRA compliant paperless processing systems to financial services firms. With their core offering, ePACS®, Docupace allows broker/dealers to connect systems, documents and data seamlessly for cost savings, efficiency and overall better business. Over 300 clients, including some of the largest broker/dealers in the marketplace, are using Docupace and the ePACS® solution to streamline their business workflow, store hundreds of millions of documents and make efficient straight-through processing a reality.  For more information, visit www.docupace.com.   

SOURCE Docupace Technologies, LLC