Docupace Introduces First Turnkey Straight-Through Processing System: ePACS®
In creating the ePACS model, Docupace patented many of the components built specifically for customer need, to customer demand. ePACS allows a complete degree of autonomy and self-sufficiency — users can change roles and work assignments without refiguring the entire system, for example — but customers receive strong support through a robust help desk and dynamic marketing resources, which help broker-dealers deploy the solution to the field.
While many broker-dealers have some form of electronic workflow process in place, it is often contained within the walls of the home or field office. Traditional workflow solutions achieve only "part-through processing," almost inevitably resulting in delays and mistakes caused by waiting for physical signatures on documents and the laborious step-by-step approval process of paper applications that would be mailed or faxed (a security risk).
With ePACS' web-based system, all parties can communicate electronically no matter their location, and every step of the process is workflow-enabled to eliminate holdups and expedite new or ongoing investment. ePACS is the only solution that accommodates all lines of business for an office.
As increasing numbers of banks, fund and insurance companies, and clearing houses remove the restrictions on electronic business, ePACS becomes an even more vital tool. The unique security model built into the ePACS solution provides for both accountability and flexibility. Everyone has access to workflow and documentation as appropriate to their level of entitlement. Audits become simple and efficient, check blotters are created automatically, and supervision can be accomplished easily at the field and home office level.
In short, ePACS provides institutional-level security and unparalleled resources for workflow automation and electronic processing. It is truly a multi-million dollar system, yielding tremendous results. Yet through economies of scale and a business model based on online subscriptions, this comprehensive tool is priced for even a small office to be able to integrate the functionality — and see a ROI from day one.
About
Docupace, a privately-held company based in
SOURCE Docupace Technologies


Advisor News
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
- When a client moves, their insurance plan needs to move, too
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
More Advisor NewsAnnuity News
- Gen X and millennials seek new retirement model
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
More Annuity NewsHealth/Employee Benefits News
Life Insurance News