Say Partners with DriveWealth to Power Proxy Voting, Transforms the Role of an Investor
NEW YORK--(BUSINESS WIRE)--Nov 6, 2018--Say ™, a technology platform for open communication between companies and their owners, today announced a partnership with digital clearing brokerage DriveWealth, to give all investors the ability to vote.
With voter interest on the rise ahead of the November 6th U.S. midterm elections, most investors do not even know they have a right to vote, and the few who do choose not to because the proxy voting system today is fundamentally broken.
Shareholders have the opportunity to make history though frictionless, open communication and access to Say’s voting technology. The partnership, comprised of Say’s API-based, scalable, and secure proxy and shareholder communications tools, and DriveWealth’s advanced digital brokerage platform, will increase the lifecycle and engagement levels of investors. DriveWealth’s customers will be given early access to Say’s forthcoming shareholder engagement tools.
“DriveWealth has used technology to modernize the legacy brokerage model, increasing efficiency and reducing costs feature by feature across the investing lifecycle,” said Robert Cortright, CEO of DriveWealth. “The investor communications and proxy voting system seemed impervious to innovation until we saw what Say was building. The future potential of our long-term partnership is what’s most exciting to us.”
“We expect people will prefer to keep their wealth where they have a say,” added Jeff Cruttenden, CEO of Say. “Investors on DriveWealth-based platforms can do almost everything with a simple swipe on their phone. Now they’ll also be able to vote.”
Brokers and custodians who want to give their customers Say™ should contact firstname.lastname@example.org. Brokers, advisors, and mobile financial services companies who want access to DriveWealth’s proprietary investment platform and modern suite of APIs, including Say™, should contact email@example.com.
About Say ™
Say is a New York-based technology company offering new tools for shareholder voting and engagement. For broker-dealers and custodians, Say turns distribution of mandatory shareholder materials into an engagement and brand opportunity, increasing customer stickiness, new account openings, and asset growth. Say also enables issuer-shareholder interaction outside the traditional framework of investor communications, giving companies unprecedented, low-cost access to their shareholder base and providing shareholders access to previously unused or non-existent ownership rights.
For more information please visit www.say.com.
DriveWealth Holdings, Inc., wholly owns DriveWealth, LLC, a member of FINRA and SIPC. DriveWealth, LLC is a licensed carrying and self-clearing broker offering digital brokerage solutions to broker-dealers, advisors and online partners worldwide through its proprietary investment platform. DriveWealth’s brokerage platform is used by hundreds of thousands of clients in over 150 countries. DriveWealth, LLC delivers access to the U.S. securities markets along with an array of digital products that power both emerging and established financial companies.
For more information please visit www.DriveWealth.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005603/en/
Jessica Schaefer, 585-233-0321
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY PROFESSIONAL SERVICES BANKING FINANCE COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS
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PUB: 11/06/2018 10:00 AM/DISC: 11/06/2018 10:00 AM