Cytec > Sharetrack > Corporate Administrators

Designed for third party administrators, Sharetrack supports the management of multiple clients within a single instance of the system, enabling the switching between clients with ease. Together with a range of other cross-client monitoring and reporting features, Sharetrack is an ideal platform for you to administer your clients share plans and other share arrangements on a fully out-sourced or co-sourced basis.

Designed and built by professionals with over 150 years of relevant experience, the system is used by over 50 organisations ranging from FTSE 100 groups and multi-national financial institutions to smaller listed and private companies.

Powerful and flexible, yet intuitive and easy to use, the integrity and security of your information is maintained at all times.

Modules

Award plans
Manages all standard discretionary share plans (LTIP’s, deferred bonus, co-investment, CSOPs and EMI)
Supports other non-standard plan types, including cash plans and linked loan plans
Records important 'plan rules' parameters such as vesting and expiry dates, performance conditions and relevant share prices
Automated processing of exercises/releases
Calculates vesting amounts adhering to performance condition percentages
Employee portal
Fully brandable
Supports Single-Sign-on and Two Factor Authentication
Access to share plan and Shareholdings
Submission of exercise and vesting requests
Ability to maintain and update personal details (if required)
Easy access to training and reference material
Your routine administrative process can be replicated in system
Streamlines your defined processes
Enforces controls
Highly flexible and configurable, workflow management tool
Automates calculations and document generation
Process Partnership processes and Matching awards
Free share awards supported
Calculation and record dividend awards/payments
Generation of dividend payment files
Production of dividend vouchers
HMRC tax returns
“The implementation was incredibly straightforward with the Cytec team on hand throughout the process to provide comprehensive support and guidance to OTAQ plc and our employees. It is reassuring to know our SIP is in knowledgeable, safe hands.”
Matthew Enright, OTAQ plc