Fintech
DriveWealth announces new executive hires across product and operations teams
Driving wealth, a leading financial technology platform providing Brokerage-as-a-Service, announced the hiring of two new executives: Kyla Murphy, as Chief Product Officer and Lauren Veisz as Head of Operations. In their respective roles, Murphy and Veisz will help further expand DriveWealth’s presence in global markets, develop deeper relationships with current and potential partners, and build the company’s product roadmap.
“DriveWealth powers our global partners’ investing and trading applications through a combination of world-class technology and deep industry and regulatory knowledge,” said Michael Blaugrund, CEO of DriveWealth. “Kyla and Lauren each bring specialized expertise in their respective fields, strengthening DriveWealth’s ability to serve our partners globally and expand our platform at scale to meet their needs.”
Murphy has two decades of experience as a financial services executive in leading technology finance, asset management, banking and risk management infrastructure, global regulatory implementations and business integrations. He has worked at Morgan Stanley for 17 years, holding a variety of leadership roles and most recently served as managing director and head of Basel implementation. She holds a BA in History from Yale University and is enrolled in Series 7, 63, and 99.
Veisz held multiple leadership roles across operations, technology and finance divisions during his 20-plus years at Morgan Stanley, playing an integral role in executive regulatory change across the organization. You most recently served as Head of Business Architecture and Change for Morgan Stanley’s Global Finance division. She holds a bachelor’s degree in Accounting and Finance and a minor in Economics from Molloy University.
Founded in 2012, DriveWealth’s technology platform enables both established firms and emerging digital native firms to provide securities trading services to their clients in a simple, efficient and compliant manner. In addition to proprietary fractional trading and Brokerage-as-a-Service API technologies, DriveWealth has comprehensive institutional trading capabilities that include order routing, clearing, custody, stock lending, enhanced liquidity and NYSE Floor execution.