PR Newswire: DriveWealth and Trading Central Announce Strategic Partnership

(PRNewsfoto/DriveWealth, LLC)

CHATHAM, N.J. and PARIS, Nov. 15, 2018 /PRNewswire/ -- DriveWealth, LLC, a leader in global digital trading technology, today announced a strategic partnership with Trading Central, a global leader of financial market research and investment analytics.  The new relationship will allow the two companies to leverage the complementary elements of their businesses:  seamless, digital, mobile-first transaction capabilities and sophisticated, accessible and actionable financial content.

Read More
Michael Connor
RIA Biz: DriveWealth is newest RIA custodian with VC money and an Apex mindset

A new player has entered the RIA custody and clearing business; DriveWealth and its CEO Robert Cortright has a head-spinning track record of success in ventures that blend financial technology and the processing of money. His latest business, IBD and technology vendor DriveWealth, is built on the premise that it's not just sluggish old-line broker-dealers and custodians that need to step aside. He's also targeting Dallas-based robo-custodian of choice Apex…”

Read More
Barry Mazza
WealthManagement.com: Want to build a client-facing robo-advisor around your own investment strategies? Bambu’s partnership with tech provider DriveWealth may make it possible.

"Today, the two firms announced a partnership and introduced a white-label advisory software product designed to automate financial planning, saving and investing for the U.S. wealth management market, one flexible enough to essentially give advisors and asset managers the means to implement their own portfolios and strategies in a bespoke robo platform..."

Read More
Barry Mazza
FinExtra: Thomson Reuters ports real-time data feeds to Amazon cloud

“DriveWealth Technologies, a digital broker-dealer for retail investors, is among the clients to be using the Elektron real-time in the cloud delivery. Harry Temkin, Chief Information Officer of DriveWealth Technologies, comments: “Our business is using the cloud to improve our agility and being able to access real-time pricing data means we can power our business applications with trusted information from Thomson Reuters, with a simple solution that was up and running in a matter of hours.”

Read More
Barry Mazza
BUSINESS INSIDER: Steve Cohen's VC firm led a $21 million investment in a startup that wants to power free stock trading "

"DriveWealth, a company building technology to bring the cost of investing to zero, has landed $21 million in an investment round led by four investors including the venture unit of Steve Cohen's Point72. The New Jersey-based company announced Tuesday the Series B fundraise led by Point72 Ventures, SBI Group, Raptor Group, and Route 66 Ventures, a previous investor in the company..."

Read More
Michael Connor
Business Wire: DriveWealth Raises $21 Million Series B Funding to Empower Companies to Shape the Future of Investing

"DriveWealth’s suite of APIs provides technology designed to modernize financial services for the digital age. The Company’s cloud-based infrastructure offers powerful scaling and pricing efficiencies enabling its global partners – including online brokers, digital advisors and mobile online financial services companies – to seamlessly access the U.S. securities market..."

Read More
Barry Mazza
BUSINESSLIVE: SA’s Easy Equities to offer US stocks

“Purple Group’s online investment platform, Easy Equities, is teaming up with US stockbroker DriveWealth to enable South Africans to buy US-listed stocks, such as Apple and Facebook...This comes as South African investors are looking to increase offshore holdings following the country’s credit rating downgrades. Passive investment manager Coreshares recently listed the first S&P 500 ETF on the JSE...”

Read More
Michael Connor