Docupace Technologies, LLC ("Docupace"), a provider of SEC/FINRA-compliant paperless processing systems, announced today that it is joining with leading computer security services company Security Snapshot, LLC ("Security Snapshot") to deliver comprehensive cyber-security solutions for financial services firms. The agreement is expected to fuse Docupace, the only secure, SEC/FINRA-compliant and paperless straight-through processing platform in the financial services sector, with Security Snapshot, the industry's leading security and regulatory consultancy firm. By working with broker-dealers and registered investment advisors ("RIAs") on cyber-security, Security Snapshot will connect Docupace's secure infrastructure and workflow systems with processes that help ensure organizations are compliant with SEC, FINRA, and other federal, state, and self-regulatory organizations' policies, procedures and regulations. Docupace and Security Snapshot expect to implement their new relationship in phases to best ensure smooth and efficient adoption by clients. "Docupace is dedicated to providing high quality, enterprise-class solutions for financial service firms," said Michael Pinsker, Founder and Chief Executive Officer of Docupace. "We've identified a need for complimentary cyber-security services that can be offered to firms of all sizes without diluting the service offering due to economic constraints. Together with Security Snapshot, we are excited to launch this new initiative to fill this critical need." "Computer security and regulatory compliance are a top concern for organizations of all sizes," said Jay Peters, President and Founder of Security Snapshot. "We've led the way in helping broker-dealers and RIAs understand, implement and monitor the policies and procedures necessary to deal with today's cyber-threats and regulatory environment. By leveraging Docupace's leading infrastructure and scale, we are excited to work to efficiently deliver these important services to even the smallest of broker-dealers and RIAs." About Docupace Technologies Based in Los Angeles and a subsidiary of RCS Capital Corporation, 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 www.docupace.com. About RCS Capital RCS Capital Corporation (NYSE: RCAP) is a full-service investment firm expressly focused on the individual retail investor. With operating subsidiaries including retail advice services, wholesale distribution, investment banking, capital markets, investment research, investment management and crowdfunding, RCS Capital's business is designed to capitalize, support, grow and maximize value for the investment programs it distributes and the independent advisors and clients it serves. Additional information about RCS Capital can be found on its website at www.rcscapital.com. RCS Capital may disseminate information about itself, including the results of its operations and financial information, via social media platforms such as Facebook, LinkedIn and Twitter. Important Notice The statements in this press release include statements regarding the intent, belief or current expectations of RCS Capital and members of its management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "plans," "intends," "should," "look forward" or similar expressions. Actual results may differ materially from those contemplated by such forward-looking statements due to certain factors, including RCS Capital's ability to integrate businesses it has acquired in recent acquisitions with its previously existing businesses. Additional factors that may affect future results are contained in RCS Capital's filings with the SEC, which are available at the SEC's website at www.sec.gov. Further, forward-looking statements speak only as of the date they are made, and neither Docupace nor RCS Capital undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law. About Security Snapshot Security Snapshot, a privately held company based in Austin, Texas has been delivering computer security solutions to the Independent Financial services industry since 2009. From the smallest RIAs to the largest Broker Dealers, Security Snapshot helps stakeholders understand and efficiently address regulatory and policy requirements relating to computer security.
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