CORRECTING and REPLACING Say Partners with DriveWealth to Power Proxy Voting, Transforms the Role of Investors
NEW YORK--(BUSINESS WIRE)--Nov 6, 2018--Please replace the release with the following corrected version due to multiple revisions to headline, subhead and body.
The corrected release reads:
SAY PARTNERS WITH DRIVEWEALTH TO POWER PROXY VOTING, TRANSFORMS THE ROLE OF INVESTORS
High-tech investor communications platform partners with digital clearing brokerage, paves way for new future of share ownership
Say ™, a technology company offering new tools for shareholder voting and engagement, today announced a partnership with DriveWealth, a fintech company providing brokers, digital advisors, and mobile financial services companies seamless access to the U.S. securities market.
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 provide brokers and advisors that use DriveWealth a new client engagement opportunity. 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.”
“Investors on DriveWealth-based platforms can do almost everything with a simple swipe on their phone,” said Jeff Cruttenden, Co-Founder and CEO of Say. “I understand the frustration that the proxy voting system creates with its heavy reliance on paper, postage, and decades-old technologies. It’s a stark contrast and a massive opportunity for innovation—and this is just the beginning.”
“We expect people will prefer to keep their wealth where they have Say™,” added Cruttenden.
Brokers and custodians who want to give their customers Say™ should contact email@example.com. 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 Mconnor@drivewealth.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 12:29 PM/DISC: 11/06/2018 12:28 PM