News: Docupace and FDS Integrate Cloud Services

Docupace Technologies and Financial Database Services Integrate Cloud Technologies for Broker Dealers

Integration of Financial Database Services’ CAESAR and Docupace’s ePACS Combine Front Office SEC/FINRA-Compliant Workflow with Back Office Compliance Review and Compensation Processing.

November 2, 2015

LOS ANGELES (BUSINESS WIRE) – Broker Dealer technology provider Financial Database Services (FDS) and financial services information technology company Docupace Technologies, LLC will integrate their platforms to create a seamless SEC/FINRA-compliant cloud-based platform for both front office and back office workflow.

The integration of FDS’ CAESAR®, a broker dealer compensation, compliance and licensing platform and Docupace’s ePACS® Straight-Through Processing system will enable broker dealers to securely process both back office and front office workflow and compliantly on the cloud. The connected platforms will digitally ensure the correct forms from advisors are valid and error-free and undergo compliant and supervision oversight so that all paperwork is in good order and compensation is managed, tracked and SEC/FINRA compliant.

“Our focus at Docupace is to transform the financial services industry so that it is efficient, compliant and cyber secure,” said Michael Pinsker, CEO and founder of Docupace Technologies. “Integrating with Financial Database Services is a fundamental way to do this, because now we can fuse back office and front office technologies into a seamless, secure and compliant platform.”

“FDS’ CAESAR® platform has led the way on making compensation easy, secure and compliant with FINRA CRD licensing requirements,” said David Woltman, President. “Docupace’s ePACS® platform will provide a complete solution for broker dealers. Now they can seamlessly connect the back office with the front office.”

About Docupace Technologies

Based in Los Angeles and a subsidiary of RCS Capital Corporation (NYSE: RCAP), Docupace is a premier provider of secure and federal and state law compliant electronic processing platforms for financial institutions and the wealth management industry. The company pioneered and implemented SEC/FINRA compliant Straight-Through-Processing (STP) technology for the financial services industry. 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 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

About Financial Database Services
Financial Database Services (FDS) is a developer and integrator of broker dealer technologies. FDS pioneered processing automation for broker dealers more than 30 years ago with its renowned CAESAR compensation and compliance platform. CAESAR is a powerful and proven compensation process management system for broker dealers. To date, CAESER has successfully processed more than $30 billion in commissions for some of the largest independent broker dealers. FDS continues to drive innovation by advancing CAESAR’s business process management capabilities, to include FINRA U4 processing solutions, field technologies for on-demand commissions, to advance data interaction capabilities within the financial services data ecosystem. CAESAR has the capacity to serve broker dealers ranging in size from $10 to $500 million across multiple business lines; brokerage, direct, advisory and insurance.

Thinking like a fighter pilot in volatile situations

Headup displayFighter pilots are trained to make immediate decisions utilizing a recurring cycle of Observe, Orient, Decide and Act. How quickly they can do this often means the difference between life and death… in business it can make the difference between success and failure.

The OODA model was developed by Col. John Boyd, U.S. Air Force fighter pilot ace, to describe the process needed to win at war. This model matured as he won aerial dogfights in Korea and Viet Nam and later used it to describe how to gain a competitive advantage in any situation. Recently, the OODA loop has begun to be applied to business and product development as a way to describe their decision-making cycles. In these situations, the loop often gets stuck at the D. The OODA loop is a succinct representation of the natural decision cycle seen in every context: war, business, product development, or life.”

Financial Database Services uses the OODA  loop in our daily business. We start every business day with a 15 minute OODA meeting where we Observe what has happened in our business in the last 24 hours, Orient the team to facts, risks and opportunities.

With this information our team makes Decisions and Act with confidence. As we repeat this process on a daily basis, we are better able to gauge results and refine our decision making process.

If you would like to know:

How your firm can use the OODA loop to improve your team’s organizations success;

Or how FDS can support you in the Observation of your workflow processes, and solution Orientation for improving operations;

Or how FDS can help you Decide and ACT on making broker dealer technology decisions for 2015

Then call us: 858-526-8147  or email us