Many of these enhancements are client-driven, including our optimized reporting for tax confirmations, grant reconciliations, and expected term
Shelton, CT (PRWEB) September 9, 2009
Transcentive, the equity plan solutions provider of choice for over 2,000 companies worldwide and part of the Computershare group of businesses, today announced the release of version 11.0 of the Express Equity™ suite of products, which includes the Express Options™ software solution.
Through the enhanced Express Options™ application, employee equity plan administrators will gain an unprecedented array of data control and reporting features related to "net-settled exercises," which are also commonly known as "immaculate exercises." Additionally, users will have the ability to calculate and record retirement eligibility tax events for restricted stock awards and restricted stock units when a plan participant reaches retirement eligibility. Financial reports have been enhanced to include more flexibility surrounding expected term calculations. Express Options™ software now supports multiple expected term calculations including the simplified method under the SEC Staff Accounting Bulletin No. 107/110.
"Many of these enhancements are client-driven, including our optimized reporting for tax confirmations, grant reconciliations, and expected term," said Patricia Brown, Director of Technology Solutions for Transcentive. "Feedback from our clients is vital in ensuring that our solutions help them in a fast-changing and complex regulatory environment."
Transcentive is also pleased to announce that they have updated reporting related to EPS dilutions, fiscal calendars, and proxy items.
To find the many new ways the Express Options™ solution will enable equity plan administrators to more effectively manage their programs, contact one of the Transcentive Express Equity™ suite sales experts at 1 888 339 4267, ext. 325 or visit http://www.transcentive.com.
About Computershare Limited (CPU):
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialise in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in data management, high volume transaction processing, payments and stakeholder engagement. Many of the world's leading organisations use these core competencies to help maximise the value of relationships with their investors, employees, creditors, members and customers.
Computershare is represented in all major financial markets and has over 10,000 employees worldwide. For more information, visit http://www.computershare.com
Transcentive, a Computershare company, is the equity plan solutions provider of choice for over 2,000 companies worldwide and delivers a comprehensive range of technology and advisory solutions to meet the needs of today's equity compensation environment. Transcentive's advisory solutions help companies manage equity plans to their greatest potential, regardless of the technology solution they are utilizing. The business's technology solutions help drive efficiency and effectiveness in equity plan administration. Transcentive developed, maintains and markets the Express Equity™ suite of products, which includes Express Options, Express Stock Purchase, Express Desktop, and Express Share Tracking. For more information, visit http://www.transcentive.com.