Orion Portfolio Solutions Selects Docupace for Workflow Automation

Docupace, the leader in cloud-based fintech digital operations software for the wealth management industry, announced that Orion Portfolio Solutions has selected the Docupace Platform to automate workflows for its wealth management platform.

“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,” says David Knoch, chief executive officer at Docupace. “It is an exciting opportunity for us to partner with another industry leader to delight financial advisors and their clients.”

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Automation and streamlined workflows have become an imperative across the wealth management landscape. A recent study from Accenture showed that 93 percent of the executives surveyed expected to have optimized front-to-back process automation across internal and external partners by 2025 – a 50 percent increase from where their operations stand today.

The Docupace Platform’s workflow engine makes it easy to automate compliance and business process rules by providing:

• Standardization and Data Synchronization Engine
• Intelligent Routing
• Alerts and Notifications
• Configurable Digital Operations
• Pre-built, easy-to-use workflows

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Recognized as one of America’s Best TAMPs for eight consecutive years, Orion Portfolio Solutions is an open architecture, turnkey asset management program (TAMP), managing $60 billion of wealth management platform assets (as of 12/31/22).

“Orion is pleased to partner with Docupace for workflow automation as we relentlessly pursue transformative outcomes,” said Ryan Beach, president of Orion Wealth Management. “This is one more way Orion is creating a remarkable user experience as we integrate our robust wealthtech suite to help advisors manage their investments and grow their business.”

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