Financial Management, Wealth Management

Docupace Chosen for Workflow Automation by Orion Portfolio Solutions

Docupace Chosen for Workflow Automation by Orion Portfolio Solutions

One of the leading cloud-based fintech digital operations software companies, Docupace, recently announced its selection by Orion Portfolio Solutions, a transformative technology provider to help advisors grow and thrive as investors. The company selected Docupace to automate workflows for its wealth management platform.

The wealth management industry has realized the importance of automating and streamlining processes. In the research conducted by Accenture, it was found that 93% of executives surveyed believed that by 2025, their operations would have increased by 50% thanks to optimized front-to-back process automation across internal and external partners.

The Docupace platform provides a standardization and data synchronization engine, intelligent routing, notifications and alerts, configurable digital operations, and pre-built, simplified workflows to streamline and easy to automate compliance and business process. It is an open architecture with a turnkey asset management program (TAMP) that manages $60 billion of wealth management platform assets, as mentioned by America's Best TAMPs in 2023. For eight consecutive years, Orion Portfolio Solutions was recognized as one of America's Best TAMPs.

David Knoch, Chief Executive Officer at Docupace, said, "Financial advisors and wealth management providers have worked so hard to deliver exceptional client experiences, that any hiccup in back-office execution impacts both their brand and their reputation." He also said, "It is an exciting opportunity for us to partner with another industry leader to delight financial advisors and their clients."

(Source: Cision PR Newswire)

About Docupace

Docupace is one of the top digital operations technology providers that streamlines firms' process for wealth management and digitizing data, increasing efficiency, productivity, and profits. The company's team offers a suite of digital solutions with a secure, cloud based Docupace Platform that helps RIAs, brokers, management, advisor transactions, Regulation BI, cybersecurity and other critical workflows. Based in Los Angeles, California, it serves enterprises from the financial service industry, including some of the leading companies with the combination of proven technology and hands-on service.

About Orion Portfolio Solutions

Orion is a leading provider of a technology-enabled wealth management process that transforms the advisor-client relationship by allowing financial advisors to Prospect, Invest, Plan, and Achieve in a single, connected, technology-driven experience. The company entities, Orion Portfolio Solutions, Orion Advisor Tech, Brinker Capital Investments, Redtail Technology, and TownSquare Capital, create a comprehensive offering that empowers firms to attract new clients without friction, connect goals to investment strategies and outcomes in a more meaningful way, and ultimately track progress towards each investor's unique definition of financial success.

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