Docupace and FolioDynamix Strikes Deal to Seamlessly Transition Wealth Management

By CIOReview | Thursday, September 24, 2015
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LOS ANGELES, CA: In a move to simplify and secure all business processing for financial services so as to make the industry efficient, compliant and cyber secure, Docupace, a financial services information technology company announced a strategic partnership with wealth management technology provider, FolioDynamix.

The deal between two of the most acclaimed technologies will deliver a turn-key straight through processing solution to the wealth management industry for new account openings. This partnership will motivate the advisors to create an optimal portfolio for each client’s needs within the FolioDynamix system, followed by seamless process of required forms through Docupace ePACS straight through processing (STP) solution.

“Our strategic relationship with Docupace will take broker dealers, advisors and their clients to the highest level of business processing efficiency, compliance and cyber security. What once took days will now take hours, further increasing advisor productivity” says Joseph Mrak, chairman and CEO o, FolioDynamix. 

This cutting edge solution ensures data to be electronically routed for compliance review and approval before going through electronic submission to the appropriate clearing house. It’s distinctive process offers the best of both worlds by accommodating electronic as well as paperless processing. The solution being SEC/FINRA compliant significantly reduces trash processing, delays, inefficiencies and compliance risk.

“FolioDynamix has created a leading platform that enables full lifecycle portfolio management for wealth management advisory firms. Together, our platforms align perfectly to deliver the only seamless STP solution for the wealth management business. The future of wealth management is here” says Michael Pinsker, CEO and Founder, Docupace Technologies.