LOS ANGELES--(BUSINESS WIRE)--Docupace Technologies (Docupace), the financial services industry’s only Straight-Through Paperless Processing (STP) digital company, announced today that Concorde Investment Services (Concorde) has extended its technology partnership with the company. Concorde, a rapidly growing broker-dealer, will further utilize Docupace's technology solutions to support its business expansion.
The announcement comes recently after Docupace's official launch of its ePACS© Productivity Suite, an expanded product line that complements its core Straight-Through Paperless Processing (STP) platform. Concorde, an existing Docupace customer, credits the company's cutting edge technology with providing the scalability needed to sustain their recent growth. Docupace continues to provide secure solutions for client data that meet FINRA Rules and SEC Regulations. Docupace will continue to assist in the ongoing development of Concorde's advisory, insurance and broker-dealer offerings in order to help the company meet increasing marketplace demand without the immediate need for additional staff, other capital-intensive resources or additional technology vendors.
"Docupace's ePACS© workflow solutions have been instrumental in transforming the way we do business and will continue to enhance our client service initiatives tremendously," said Kelly Knight, Chief Operating Officer of Concorde Investment Services. "By integrating electronic processing systems that are intuitive for our advisors and back office management, we can better leverage, manage and grow our business," added Knight.
Docupace has proven itself to be a trusted and capable partner by providing Concorde a solid workplace solution for its Registered Representatives and Registered Investment Advisors. The ePACS© platform has greatly simplified the workload associated with Concorde's increasing new business volume. "Multi-faceted financial services firms like Concorde stand to benefit greatly from Docupace's integrated solutions," said Kevin Laraia, Chief Strategy Officer of Docupace. “Across the financial services industry, we are seeing companies take bold steps to improve their operational efficiencies to adhere to ever-increasing regulatory and technological demands while keeping their costs low and their data secure.”
About Docupace Technologies
Founded in 2002 and based in Los Angeles, California, Docupace Technologies is the premier provider of comprehensive, fast, reliable, secure and SEC/FINRA-compliant paperless document management and processing for the financial services industry. Docupace’s products and services address the marketplace demand for end-to-end electronic, cloud-based solutions that support “Straight-Through-Processing” (STP) through the company’s core product ePACS®. Docupace enables start to finish compliant paperless transactions. Docupace is the industry’s most trusted provider and is used by Fortune 100 insurance companies, financial institutions and wealth management firms across the country. RCS Capital Corporation (NYSE: RCAP) owns a majority interest in Docupace Technologies. For more information, visit www.docupace.com.
About RCS Capital
RCS Capital Corporation (NYSE: RCAP) is a full-service investment firm expressly focused on the individual retail investor. With operating subsidiaries including retail advice services, wholesale distribution, investment banking, capital markets, investment research, investment management and crowdfunding, RCAP’s business is designed to capitalize, support, grow and maximize value for the investment programs it distributes and the independent advisors and clients it serves. Additional information about RCAP can be found on its website at www.rcscapital.com. RCAP may disseminate information about itself, including the results of its operations and financial information, via social media platforms such as Facebook, LinkedIn and Twitter.
About Concorde Investment Services
Headquartered in Troy, Michigan, Concorde Investment Services is a national securities broker-dealer registered with FINRA to solicit securities products in all 50 states and several territories. Concorde Investments Services is affiliated with Concorde Asset Management, LLC, a SEC registered investment adviser with $300 million in assets under management as of September 30, 2014, and Concorde Insurance Agency, LLC, which is insurance licensed to solicit insurance products in over 30 states.