Digital Banking Innovator Leverages DriveWealth Technology, Execution, Clearing, Settlement and Custody Services
DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced it has forged an agreement with online and mobile banking software provider Access Softek, Inc. Through the partnership, DriveWealth will integrate with Access Softek’s new investing app, EasyVest, which will be distributed via banks and credit unions, and DriveWealth will provide trade execution, clearing, settlement and custody services for the transactions.
Access Softek’s new EasyVest tool is a robo-advisor that provides the services of a personal investment advisor via automation – the first such product to integrate with any bank or credit union online and mobile banking platform.
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Access Softek developed the first downloadable apps for mobile banking technology. Its automated investment tool offers seamless integration of investment accounts within online and mobile banking to its financial services clients that include more than 400 credit unions and community banks.
DriveWealth CEO Robert Cortright said: “We believe credit unions and community banks represent a great growth opportunity for us, as they are increasingly embracing new technologies that will offer their loyal, engaged members and customers value-added services. Access Softek has been a true leader and innovator in introducing robust, intuitive apps for hundreds of financial institutions who are looking to provide their customers with the best banking and investment experience available. We are excited to partner with the first firm to successfully integrate banking and robo-advisor investing on its initiative to make trading in U.S. stocks affordable and easily accessible to people across the U.S. who love their credit unions and their community banks.”
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