Solium Shareworks

Caroline Mae

2 min read

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29-12-2024

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Solium Capital, now part of Morgan Stanley, was a prominent player in the equity compensation space, best known for its Shareworks platform. While Solium itself is now integrated into Morgan Stanley's broader offerings, understanding Shareworks remains crucial for anyone involved in equity compensation management. This post will explore Shareworks' key features and its significance in the industry.

What is Shareworks?

Shareworks was a comprehensive equity management platform designed to streamline the complexities of administering employee stock options, restricted stock units (RSUs), and other equity-based compensation plans. It catered to companies of all sizes, offering a range of solutions tailored to their specific needs.

Key Features of the Shareworks Platform:

• Automated Administration: Shareworks automated many manual processes involved in equity management, including grant administration, reporting, and tax withholding. This efficiency saved companies considerable time and resources.

• Global Reach: The platform supported numerous jurisdictions and currencies, making it suitable for multinational corporations with employees across the globe.

• Compliance: Shareworks was designed with regulatory compliance in mind, ensuring that companies adhered to relevant securities laws and regulations.

• Reporting & Analytics: Comprehensive reporting and analytics tools provided valuable insights into equity compensation programs, enabling companies to make data-driven decisions.

• Employee Self-Service Portal: Employees could access their equity awards and related information through a secure online portal, improving transparency and communication.

Solium's Acquisition by Morgan Stanley: What it Means

Morgan Stanley's acquisition of Solium in 2019 marked a significant development in the equity compensation landscape. This integration broadened Morgan Stanley's capabilities in wealth management, offering a more holistic suite of services to its clients. While the Shareworks branding might no longer be independently visible, its underlying functionality continues to contribute to Morgan Stanley's equity compensation solutions.

Legacy and Impact

Solium and its Shareworks platform played a significant role in modernizing equity compensation administration. Its innovative features and user-friendly interface helped streamline processes and improve efficiency for countless companies. Even with its integration into Morgan Stanley, the impact of Shareworks remains a benchmark in the industry's evolution towards sophisticated equity management tools.

Conclusion

While Solium is now part of Morgan Stanley, understanding its Shareworks platform remains relevant. Its legacy reflects a critical shift in how companies manage equity compensation, highlighting the importance of automation, compliance, and data-driven decision-making in this crucial aspect of human resources and corporate finance.