DriveWealth
October 21, 2024
DriveWealth Unicorn News - October 21, 2024
Sharegain and DriveWealth have announced a new partnership to enhance securities lending services for brokers, integrating agency lending capabilities to meet UK and European regulatory standards. This collaboration aims to streamline the investment process and expand access to securities lending globally.
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) Introduction(
) Sharegain and DriveWealth Partner to Enhance Securities Lending for BrokersOn October 21, 2024, Sharegain and DriveWealth announced a strategic partnership to enhance securities lending services for brokers, with a focus on compliance with UK and European regulatory standards. This collaboration introduces an agency lending capability that will be integrated into DriveWealth's platform, allowing for streamlined management of execution, clearing, custody, instrument screening, and pricing. The partnership aims to simplify the investment process and expand access to securities lending, particularly for private investors and new B2B partners on a global scale. This initiative marks a significant advancement in the financial sector, potentially increasing the efficiency and reach of securities lending services.
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