JERSEY CITY, New Jersey,
October 25, 2016 /PRNewswire/ --
Global Shares - a leading provider of stock plan
administration record keeping services, software-as-a-service
(SaaS) and financial reporting tools - today announced that it has
teamed up with Fidelity Investments® multinational financial
services corporation. Clients of Global Shares' new market-leading
equity compensation management platform will now be able to work
with Fidelity to provide unparalleled participant servicing and
brokerage solutions. This agreement will help transform the
participant experience and extend the opportunity for integration
with retirement plan services to more companies. Fidelity
Investments and Global Shares will start engaging with prospects
and clients immediately, to begin taking plans live in the spring
of 2017.
(Logo:
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"Company stock plans are becoming an increasingly popular
employee benefit, and many clients are looking for ways to
seamlessly integrate their stock plan administration with the
management of their retirement plan and other benefits on the
company's platform," said Kevin Barry, executive vice president, Stock
Plan Services at Fidelity Investments.
"We're pleased to be teaming with Global
Shares and look forward to leveraging their technology, platform
and industry expertise to deliver an outstanding experience to our
global clients."
- Kevin Barry, Executive
Vice President, Stock Plan Services at Fidelity Investments
"We are delighted to team up with Fidelity
Investments. Over the past decade Global Shares has become a major
player in the global stock plan administration arena, with one
million participants now using our platform in 100 countries
globally. The strengths Global Shares brings to this strategic
collaboration are our cutting-edge technology, full-service
integrated platform and parameter-driven customization, which allow
us to support any plan type, multiple rules and legacy requirements
at any level. Our software has set a new benchmark in stock plan
administration globally, simplifying the increasingly complex needs
of employee and executive plan management. We have tremendous
flexibility to tailor our solutions to the unique needs of
Fidelity's clients, which makes this an especially
powerful offering."
- Tim Houstoun, CEO Global
Shares
About Global Shares:
Global Shares is a leading provider of stock plan
administration, software-as-a-service (SaaS) and financial
reporting tools, with over one million users on our platform
in over 100 countries. We develop highly specialized cloud-based
software solutions for
both private and public companies to manage
their employee equity plans. Our client listing includes some
of the largest and most well-known companies in the world who use
equity compensation to attract and retain a top class employee
base. Established 10 years ago we employ 110 staff and have offices
in New York, California, Brazil, Ireland, London, and Lisbon. Our software has set a new benchmark
for the global share plan administration industry. The company is
forecast to grow substantially in 2016 and beyond. For further
information, please visit http://www.globalshares.com/
About Fidelity Investments
Fidelity's goal is to make financial expertise broadly accessible
and effective in helping people live the lives they want. With
assets under administration of $5.6
trillion, including managed assets of $2.1 trillion as of September 30, 2016, we focus on meeting the
unique needs of a diverse set of customers: helping more than 25
million people invest their own life savings, nearly 20,000
businesses manage employee benefit programs, as well as providing
nearly 10,000 advisory firms with investment and technology
solutions to invest their own clients' money. Privately held for 70
years, Fidelity employs 45,000 associates who are focused on the
long-term success of our customers. For more information about
Fidelity Investments, visit http://www.fidelity.com/about
.