Chatham, NJ (PRWEB) May 29, 2015
DriveWealth is pleased to announce the addition of Harry Temkin to its management team as Chief Information Officer.
Mr. Temkin has a deep background in developing and executing strategies for financial firms. Currently, he holds the positions of CEO and Partner of KnowVera, LLC, a startup financial software company. This summer, Mr. Temkin plans to launch two stock market trading games through Ronin Game Studios, a subsidiary of KnowVera. Both games seek to bring the rush of Wall Street to users via their desktop, tablet, or mobile device. King of Trading is a fantasy stock market trading game of skill that will allow users to apply their skills and knowledge by competing against other players in a real world, real time, stock market simulation to win prizes. Battle for Wall Street, a life simulation game, will take users on an unpredictable adventure as they try their luck at becoming the next Titan of Wall Street.
Prior to joining KnowVera, Mr. Temkin was Executive Vice President and Head of Exchange Traded Instruments, Americas, for Thomson Reuters . Over the course of his 12-year career at Reuters and later Thomson Reuters, he was responsible for the management and development of various equities businesses with $350m to $1b in revenues. He engineered a global equities strategy and implementation of the design and marketing strategy of the equity based Thomson Reuters workstations. Before joining Reuters, Mr. Temkin was Executive Vice President at Bridge Information Services, where he designed Bridge’s core products: BridgeFeed, BridgeStation, and BridgeChannel. Mr. Temkin will utilize his extensive development and strategic background to help DriveWealth produce intuitive, user-friendly products that individuals and businesses around the world will want to use to enhance their investing experiences or product offerings.
“I believe that DriveWealth’s educational focus combined with its ability to give global access to US listed securities has the potential to change the way in which individuals around the world invest their money,” said Harry Temkin, Chief Information Officer at DriveWealth.
The DriveWealth team is happy to have Mr. Temkin onboard to assist with the development of its Business to Business investing platform, Brokerage as a Service. Through its Brokerage as a Service offering, DriveWealth enables international financial institutions to provide their clients affordable access to the US equities market. DriveWealth is also beginning to offer Custom Branded Solutions, which allows clients to customize the DriveWealth apps for their customers.
“We’re extremely excited to have Harry Temkin join the DriveWealth family,” said Robert Cortright, Founder and CEO of DriveWealth. “His deep experience with platform development and strategy will help DriveWealth to deliver the best possible solutions to its business partners and retail customers.”
About DriveWealth, LLC (Broker-dealer affiliate of DriveWealth Technologies, LLC):
DriveWealth, LLC, member FINRA and SIPC, is a mobile-first, full-carrying broker dealer that provides access to US listed securities for investors worldwide. DriveWealth also partners with businesses around the world to offer its Brokerage as a Service platform, which allows global financial institutions to give their clients access to US listed securities. For more information, visit http://www.drivewealth.com.
DriveWealth, LLC • Member FINRA/SIPC.
Member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at http://www.sipc.org.
Investment Products: Not a Deposit • Not FDIC Insured • No Bank Guarantee • Not Insured by any Federal Government Agency • May Lose Value.
DriveWealth is a mobile investing platform for individual investors that offers a selection of Exchange Traded Funds (“ETFs”) and US listed stocks. DriveWealth also offers free educational content to help investors understand finance and investing basics.
You must be at least 18 years of age and comply with our “Know Your Customer” requirements in order to open a live investing account with DriveWealth.
There is no minimum account balance required to open a live investing account. Fees and Expenses associated with the DriveWealth platform include $2.99 ($4.95 in China) commission per transaction. There are no monthly minimum fees, or required ongoing minimum account balance. For non-resident aliens, there is a one-time tax verification fee of $5.00 (representing Form W-8BEN pass-through processing cost).View a full list of our fees at http://bit.ly/DWFees
DriveWealth's commission charge of $2.99 ($4.95 in China) per transaction is among the lowest of all online brokers, based on Barron's survey of online retail brokers (March 15, 2014).
All investing carries risk. Past performance is not indicative of future returns, which may vary. Investments in stocks and ETFs may decline in value, potentially leading to a loss of principal. Online trading has inherent risk due to system response and access times that may be affected by various factors, including but not limited to market conditions and system performance. An investor should understand such facts before trading. The risks associated with investing in international securities, including US-listed ADRs and ETFs that contain non-US securities include, among others, country/political risk relating to the government in the home country; exchange rate risk if the country's currency is devalued; and inflationary/purchasing power risks if the currency of the home country becomes less valuable as the general level of prices for goods and services rises.
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