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The back-office automation provider Docupace made dual announcements today, including the appointment of Brian Filanowski as CEO and the acquisition of InvestEdge, a compliance software provider to bank trust departments, broker/dealers and registered investment advisors.

The moves are meant to position Docupace as a comprehensive back-office platform provider.

The acquisition of InvestEdge and its ComplianceEdge platform expands Docupace's compliance offerings. InvestEdge supports more than 100 financial institutions, including 10 of the 50 largest U.S. banks and trust companies, monitoring over 750,000 investor accounts representing more than $3.5 trillion in assets.

“This acquisition represents the natural evolution of our platform strategy, bringing together complementary best-of-breed platforms to serve the industry’s most demanding institutions,” said David Knoch, who has served as chief executive of Docupace since 2020. 

Knoch has stepped down from the role, with the company naming Filanowski to succeed him. Filanowski brings over 30 years of experience in financial technology platforms. He most recently served as general manager of Finance Risk & Capital Markets at Dun & Bradstreet and previously held executive roles at Fitch Group, including president of Fitch Solutions.

“I’m thrilled to be joining Docupace at such an exciting point of inflection,” Filanowski said in a statement. “Our plan is to build upon our strong market position and significantly accelerate growth by developing new innovative products that leverage AI, expanding our customer base, and executing on additional strategic acquisitions.”

The ComplianceEdge platform processes tens of millions of transactions annually while claiming low false-positive rates. Its configurable rules framework supports SEC, FINRA, NAIC and OCC Regulation 9 requirements.

This follows news in January that Docupace appointed Scott Willette as chief technology officer.

Docupace is backed by Genstar Capital, which acquired a majority stake in August 2024. The private equity firm has approximately $50 billion in assets under management.

Docupace acquired the workflow automation technology provider Hubly a year ago, and has since expanded that company’s work with AI-driven technology providers.

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