DriveWealth, a leading fintech company specializing in Brokerage-as-a-Service, has announced the appointment of Venu Palaparthi as its new Chief Operating Officer effective September 16th. Reporting directly to CEO Michael Blaugrund, Palaparthi will manage risk and compliance functions and contribute to the company’s international expansion plans. Palaparthi joins DriveWealth with almost 30 years of experience across various financial markets and institutions, including his most recent role at Patomak Global Partners where he focused on regulatory strategy and compliance. This hiring is part of a larger strategic initiative by DriveWealth to bolster its senior leadership team, which also includes recent promotions and other significant additions. Founded in 2012, DriveWealth provides a comprehensive tech platform for securities trading and is expanding its global presence.
Financial Technology, Capital Markets,United States
DriveWealth announces hiring of Venu Palaparthi as Chief Operating Officer