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Carlo Macchi Joins DriveWealth as Director of Global Institutional Accounts

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Chatham, NJ- November 18, 2015: DriveWealth, LLC (“DriveWealth”) is pleased to announce the addition of Carlo Macchi as the Director of Global Institutional Accounts.

Mr. Macchi has an extensive background in building strategic global relationships for Institutional Financial Companies and Retail users. In his most recent position, Mr. Macchi was the Senior Director of Business Development and Proposition Manager of Interactive Data for eSignal’s retail trading platform division. eSignal is a world-renowned Technical Trading and Analytics platform with over 40,000 Active Traders and $40mm in annual revenue. As Senior Director of Business Development and Proposition Manager, Mr. Macchi built and managed over 300 of eSignal’s strategic partnerships globally.

Prior to joining eSignal, Mr. Macchi worked for 14 years at Thomson Reuters where he was responsible for $70mm in global business as a Global Business Director. Mr. Macchi managed relationships with many of the world’s largest financial institutions offering Thomson Reuters solutions. Additionally, Mr. Macchi spent 23 years of his career working at software companies and start-ups such as NobleNet, Iona, Rational Software, and Borland. Mr. Macchi’s unique experience in building institutional and retail businesses and fostering global relationships will be instrumental in the growth of DriveWealth.

“As the proposition manager at eSignal, I had the opportunity to meet many new companies in the trading space. I am excited about joining DriveWealth as they are one of the most innovative companies I have come across in years.” Said Carlo Macchi, Director of Global Institutional Accounts at DriveWealth. “I believe DriveWealth will change the way people invest via their next generation trading applications, which are available to retail investors worldwide. Companies around the world will be able to diversify their traditional businesses by leveraging DriveWealth’s APIs and customizable trading platforms.”

“We are excited that Carlo Macchi has joined the DriveWealth team to help us expand our business globally,” said Robert Cortright, founder and CEO of DriveWealth. “His experience in developing global businesses and relationships will enable more international financial institutions to utilize DriveWealth’s mobile focused trading solutions.”

About DriveWealth, LLC
DriveWealth,LLC, member FINRA and SIPC, is a mobile and global full carrying broker dealer for retail investors and provides a low cost, easy-to-use investing platform to individuals worldwide. DriveWealth also partners with businesses around the world to offer its Brokerage as a Service platform, which will allow global financial institutions to give their clients access to US listed securities. www.drivewealth.com

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