Docupace completed the acquisition of PreciseFP.

Docupace, a fintech digital operations software company, completed the acquisition of PreciseFP, a provider of data gathering and client engagement solutions. Financial terms were not disclosed. "We're more than a decade into the digital era, yet paper-based processes still have a stranglehold on new account opening and too many financial advisors say the process for opening accounts is the most cumbersome portion of client interactions. For far too long, the wealth management industry has not invested sufficiently in back-office solutions, in favor of building front-office resources that emphasizes look, feel and presentation. As a result, wealth management firms and their financial advisors today increasingly are at risk of raising prospective client hopes, only to disappoint expectations when it comes to how account opening, and the rest of the client service experience is operationalized," David Knoch, Docupace CEO.