[October 22, 2014]

Financial Institutions Set to Transition Entirely into Paperless, Secure and Compliant Data Processing, as Docupace Technologies Unveils ePACS Productivity Suite

Docupace Technologies (Docupace), the premier provider of secure and compliant electronic processing technology for financial institutions and the wealth management industry, announced today that it has unveiled an expanded line of solutions as a part of its "ePACS© Productivity Suite." ePACS© is the core technology that makes Straight-Thru-Processing (STP) a reality for the financial services industry.

The platform integrates all necessary components for electronic business processing from the client/advisor interaction to back-office review, straight through to clearing firms, custodians, mutual fund companies, insurance carriers, alternative investment companies, and other direct issuers. Important documents and sensitive data are seamlessly and securely relayed throughout the process from start to finish.

The ePACS© Productivity Suite products were developed in response to industry demand for digital and compliant data processing. Each of these new products will address separate marketplace needs. For example, the ePACS Compliant Mail solution is a secure, entirely electronic and compliant SEC (News - Alert) 17a-3 Notifications Mailing solution that is easy-to-use, green and audit-friendly. Its advantages include compliance maintenance, which easily avoids costly fines; facilitation of important, mandated and resource-heavy mailings; reduction of mailing costs by up to 80%; and a substantial decrease in labor hours. Moreover, it offers hands-on professional assistance.

The ePACS Advisor On-boarding solution provides an efficient licensing and registration experience for new advisors joining brokrs-dealers, while safeguarding against NIGO (not-in-good-order) errors, common within the industry. This cost-effective solution substantially reduces the burden on the back-office resources needed for a smooth advisor on-boarding process. It also eliminates the need for ink-signed forms, emails, faxes and traditional mail. Docupace's secure cloud infrastructure delivers a workflow and secure electronic filing system that streamlines the on-boarding process. Furthermore, its robust reporting, delivers data on requests, tasks and NIGO highlights.

The ePACS Data Room solution makes virtual document collaboration secure and simple. It provides an online-sharing platform and allows for highly customizable access rights, as well as tracking, version control and auditability, so that only authorized users can have access to sensitive or compartmentalized documents and data throughout the composition and negotiation processes.

The ePACS Centralized Vault solution easily consolidates all of a company's books and records into a streamlined electronic vault, yet allows for files to be easily retrieved to serve daily operations. The virtual vault and filing system mitigates the risk of non-compliance with FINRA, SEC, and state audits that are often inherent in a paper filing systems or within scattered database repositories.

According to Docupace's CEO and President, Michael Pinsker, "We are enhancing the depth and breadth of our ePACS© productivity suite to bring added value to our current customers and the financial services industry at-large." Adds Pinsker, "Each of these new solutions leverages the strength and power of the ePACS© technology platform, while addressing long-standing challenges for financial services firms."

Used by some of the world's largest financial services firms for the last ten years, ePACS© will be bolstered by the addition of these four new offerings, which can be licensed separately to address targeted needs. All ePACS© solutions are geared toward simplifying business processes by connecting broker-dealers' systems, documents and data seamlessly and securely, modernizing the process of capturing, organizing, routing and accessing information.

The Docupace STP Network, which is a key aspect of ePACS©, continues to grow exponentially. Dozens of clearing, investment, and insurance companies have joined to make turnkey, paperless, web-based and SEC/FINRA compliant business processing a reality.

About Docupace Technologies

Based in Los Angeles, Docupace Technologies (Docupace) is the premier provider of secure and compliant electronic processing platform for financial institutions and the wealth management industry. The company created and implemented the financial industry's first web-based SEC/FINRA compliant Straight-Through-Processing (STP) technology service. The company's document management and workflow solutions simplify the process of capturing, organizing, routing and accessing information. Docupace was first-to-market with patent-pending technologies that serve the largest financial service providers and their advisors who, driven by increased levels of competition, privacy issues, document protection and government regulation, are adopting the company's document management and workflow solutions in order to sustain profitability and audit-risk assurance. For more information, visit www.docupace.com.

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