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Backstop vs. Shareworks, by Morgan Stanley

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Backstop

    Score10 out of 10
    N/ABackstop Solutions Group in Chicago provides cloud-based technology supporting hedge funds. These applications include tools for investment research and analytics, accounting, a financial services specific CRM, and investor relations and document sharing tools, as well as investment portfolio management and due diligence tracking.N/A

    Shareworks, by Morgan Stanley

    Score6.2 out of 10
    N/AShareworks by Morgan Stanley (formerly Solium Shareworks, and with the capabilities of the former Capshare) is a cloud-based equity compensation administration platform. It allows users to collaborate, share, comply, trade, model, support decisions, create reports and control plans more simply and securely.N/A
    Pricing
    BackstopShareworks, by Morgan Stanley
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    BackstopShareworks, by Morgan Stanley
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    User Ratings
    BackstopShareworks, by Morgan Stanley
    Likelihood to Recommend
    10.0
    (3 ratings)
    1.0
    (7 ratings)
    Support Rating
    10.0
    (1 ratings)
    9.0
    (1 ratings)
    User Testimonials
    BackstopShareworks, by Morgan Stanley
    Likelihood to Recommend
    Backstop Solutions Group
    Backstop makes planning and selecting the portfolio efficiently. There is a candid assistance in matters of resource utilization. Moreso, Backstop has a cost accounting notion, which makes the company control the expenses they make. Finally, Backstop has classical research procedures where analysis and decisions arrive after extensive assistance and evaluations.
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    Shareworks by Morgan Stanley (formerly Solium Capital)
    Well suited for privately or publicly held companies with stock option plans or ESPP. Helpful for calculating stock compensation expense.
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    Pros
    Backstop Solutions Group
    • Storage of notes from calls and meetings.
    • Tracking portfolio holding balances, transactions, and IRRs/MOICs.
    • Allowing flexibility for client-defined uses.
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    Shareworks by Morgan Stanley (formerly Solium Capital)
    • Calendar of vesting schedule
    • Visibility into value of various equity based compensation
    • Ability to setup default release elections at vesting dates
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    Cons
    Backstop Solutions Group
    • Poor communication procedures
    • Lack of specific OS support
    • No mobile version for Backstop
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    Shareworks by Morgan Stanley (formerly Solium Capital)
    • At the time, couldn't calculate a formula based on milestone vesting
    • Had some small hiccups with calculating stock option compensation expense, but Capshare was able to solve over time.
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    Support Rating
    Backstop Solutions Group
    Backstop support is fantastic. They always pick up the phone without a wait and are highly knowledgeable, I rarely need more than 5 minutes to fix an issue.
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    Shareworks by Morgan Stanley (formerly Solium Capital)
    We had a great team consisting of two Solium Shareworks admin experts, and one financial reporting expert to help us with the implementation. After the implementation, I feel we are in good hands with the Solium Shareworks relationship manager. We have quarterly contact with the team when new grants need to be added. Other then that, we are self-sufficient with the tool.
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    Alternatives Considered
    Backstop Solutions Group
    I have not used or evaluated any Backstop competitors. Freestone already used Backstop when I started.
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    Shareworks by Morgan Stanley (formerly Solium Capital)
    We like Carta because they offer transfer agent services in addition to Cap Table management. Shareworks is the upgraded Capshare. This is for IPO ready companies who are ready to take the next steps
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    Return on Investment
    Backstop Solutions Group
    • Business ends up profiting
    • The chances of investing in the wrong projects don't exist
    • The analytical assistance from Backstop increases more investment plans
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    Shareworks by Morgan Stanley (formerly Solium Capital)
    • Positive - easy for employees to review stock plan and agreement.
    • Positive - easy to pull cap table reports.
    • Negative - requires a lot of administrative work for account activation, acceptance by users.
    • Negative - support is not responsive.
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