Docupace, a Holmdel, NJ-based supplier of software program to streamline back-office operations of wealth administration enterprises and monetary advisors, acquired Hubly, a Vancouver, BC, Canada-based supplier of a workflow administration platform for monetary advisory companies.
The quantity of the deal was not disclosed.
The method of integrating Hubly into Docupace’s enterprise-level processes will start instantly, with a give attention to making certain a transition for workers, shoppers and companions.
Led by CEO Louis Retief, Hubly gives a workflow administration platform for registered funding advisors (RIAs), in addition to wealth administration companies from a variety of channels. Its workflows guarantee work gadgets are documented, routed and accomplished by the suitable staff member on the proper time to raise shopper experiences. The back-office hub saves its prospects tons of of hours by means of workflow automation when:
- Onboarding and coaching new staff members.
- Onboarding new shoppers;
- Scheduling, making ready for and following up on shopper overview conferences;
- Opening new shopper accounts and processing cash motion transactions;
- Tax preparation and planning;
Led by Chief Govt Officer David Knoch, Docupace is a options supplier targeted on digitizing and automating operations within the monetary recommendation and funding trade. Monetary providers companies use the platform (a cloud-based, built-in software program suite) to cut back back-office bills, enhance effectivity, strengthen recruiting, and improve the expertise of advisors and traders.
FinSMEs
14/03/2025
