Bummer, out of the gate the FaderPort 16 only works in S)4P (naturally) and Harrison Mixbus 32-C. Both those DAWs work with the Studio One mode.
There are 4 other mode options MCU for Cubase, Logic and Sonar. There is a HUI mode option too.
None of those modes work (so far) in CbB or Reaper. Of course they both recognize the FP16 as a device.