DriveWealth, a pioneer in financial technology with its Brokerage-as-a-Service offerings, has unveiled comprehensive integrations with several leading execution management system (EMS) platforms, including Bloomberg EMSX, LSEG Autex, and TRAFiX.
These collaborations enable institutional broker-dealers to effortlessly integrate with DriveWealth’s advanced platform, ensuring streamlined trade booking and swift market access, all while maintaining their existing setups.
Aaron Sokasian, chief technology officer at DriveWealth, emphasized the company’s commitment to accessibility and efficiency. “Our goal is to make it turnkey for any institutional broker-dealer to connect to DriveWealth’s existing technology stack without modifying existing systems or infrastructure.
“With improved connectivity, brokerage firms can experience superior execution quality and extended trading capabilities at a competitive price, all while utilizing the platforms they are already familiar with and lean on every day.”
These upgrades mean that brokerage firms can now enjoy superior execution quality and extended trading functionalities at competitive prices using their current systems.
Further enhancing its service, DriveWealth has expanded its partnerships to include key telecommunications providers like TNS, BT Group, and Pico. This move is designed to bolster low-latency and direct connectivity to DriveWealth’s infrastructure, which is based in Secaucus, New Jersey, thereby optimizing the trading experience.
Yongsuk Jun, chief technology officer at NH Investment & Securities, praised the integration process. “In partnering with DriveWealth, we have found the integration with their platform to be smooth and efficient.
“The reduced setup time and improved connectivity have proven beneficial for our trading processes, enabling us to better serve our institutional investors with more and improved features.”
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