Name: Shareworks, by Morgan Stanley
Rating: 6.5 (26 reviews)
Author: Shareworks by Morgan Stanley (formerly Solium Capital)

Help Desk

Live Chat

Web and Video Conferencing

Customer Support

Flowchart

Development

Association Management

Business Intelligence (BI)

Collaboration

Enterprise Legal Management

Risk Management

Streaming Analytics

Workflow

Enterprise

Accounting

Accounts Receivable

Crypto Asset Management

Crypto Tax

Subscription Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Diversity, Equity, and Inclusion (DEI)

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

.Net Development

AI Governance

Cloud Storage

Custom Software Development Services

Data Center Virtualization

Data Fabric

Fraud Detection

IT Service Providers

Identity Verification

Integration Platform as a Service (iPaaS)

Intranet

Load Testing

Managed File Transfer (MFT)

Managed Private Cloud

Network Performance Monitoring

SaaS Management

Software-Defined WAN

System Monitoring

Time Series Databases

User Activity Monitoring

Web Portal

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Audio Editing

Content Management

Contest Management

Email Marketing

Gamification

Marketing Automation

Personalization Engines

Press Release Management

Product Sampling

Social Media Management

Survey & Forms Building

Video Editing

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Lead-to-Account Matching and Routing

Product Configuration

Sales

Architecture

Construction Workforce Management

Inventory Management

Last Mile Delivery

Loan Servicing

Moving Software

Oil and Gas

Physical Therapy

Vertical-Specific

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### Equity Management
Opinions vary on Shareworks, by Morgan Stanley's equity management features. While some users appreciate the platform's ability to provide insight into company stock options and ownership details, others express frustration with the lack of clarity in processes such as electing allocation of vesting shares. Additionally, concerns have been raised about the platform's user interface, with some users finding it non-intuitive and cumbersome, particularly when it comes to tasks like grant modifications and generating cap table reports. Despite some positive feedback on the platform's ability to streamline equity management tasks, there seems to be a consensus that there is room for improvement in enhancing the overall user experience and efficiency of equity management processes within Shareworks.

### Stock Option Administration
Users generally appreciate Shareworks, by Morgan Stanley's stock option administration features. The platform is commended for its ability to provide a clear view of stock ownership, exercise options, and manage stock components of salary effectively. However, some users have expressed concerns about the lack of functionality to project stock prices for unvested RSUs, as well as challenges with the login system's user-friendliness and security measures. Despite these drawbacks, Shareworks is praised for its intuitive interface, admin features, and the accuracy it brings to calculating stock compensation.

### Cap Table Management
Users have expressed frustration with the non-intuitive nature of Shareworks' cap table management system, citing a cumbersome process that involves multiple steps and lacks user-friendly features like wizards. Additionally, the software's static reporting and limitations in generating comprehensive cap table reports have been highlighted as areas of concern. Despite some positive aspects such as the ability to generate detailed cap tables in Excel, the overall sentiment leans towards dissatisfaction with Shareworks' cap table management capabilities.

### Financial Reporting
User sentiment regarding Shareworks, by Morgan Stanley's financial reporting capabilities is mixed. While some users appreciate the ease of accessing audit schedules and accounting journals for financial reporting, others express frustration with the lack of intuitive features and the static nature of the reports. The platform's ability to calculate stock compensation expenses accurately is acknowledged positively, but there are concerns about the complexity of certain calculations and the need for better explanations. Additionally, users have highlighted the challenges faced in transferring funds and the limitations in communication with investors.

### Employee Compensation
Users have expressed varying opinions regarding Shareworks, by Morgan Stanley's employee compensation capabilities. While some find the system intuitive and easy to use for tracking RSU anniversary dates and quantities, others have criticized its lack of intuitiveness and cumbersome processes for adding participants and grants. The software's ability to improve accuracy in calculating stock compensation has been highlighted as a positive aspect, but concerns have been raised about the complexity of generating cap table reports and the lack of easy communication for investors.

### Investor Relations
Users generally express mixed opinions about Shareworks, by Morgan Stanley's investor relations capabilities. Some users find the online investor access somewhat limited, citing issues with grouping investors and basic customization options. However, others appreciate the platform's ability to enhance their understanding of the share market and trading activities. The lack of clear consensus on the effectiveness of Shareworks' investor relations functionality indicates a varied user experience in this aspect.

Users have provided the following recommendations for the software: 

1. The software is highly recommended for its ease of use, making it straightforward and user-friendly when performing capitalization computing. However, users have mentioned that there are excessive clicks and hidden items, which can make navigation difficult.

2. The software is considered a solid product for private companies as it meets all their needs. It delivers on what it is built to do and provides a high-quality and simple-to-use Cap Table cloud-based system.

3. Some users suggest using Excel in conjunction with the software to enhance the overall value, particularly for tasks related to 409A and stock comp expense calculations. Additionally, while the reports generated by the software are praised for their quality, users mentioned challenges in reaching customer support when needed.

Outdated and Old-looking Layout: Several users have expressed their dissatisfaction with the software's interface design, stating that it appears outdated and lacks a modern look and feel.

Difficult to Navigate for Non-Financial Users: Some reviewers have mentioned that navigating the software can pose challenges, particularly for individuals without a financial background. They find it challenging to understand certain terms and concepts used in the software.

Inconvenient Activation Process: Users have pointed out that the activation process for new users is manual and requires them to input personal information such as their ID, Zip Code, or SSN. This manual process can be inconvenient and time-consuming for users who would prefer a more streamlined activation method.

Comprehensive Overview: Many users have praised the platform for providing a comprehensive overview of the current dollar value of options, allowing them to stay informed about their equity portfolio. This feature has been particularly helpful in tracking and managing their investments effectively.

Future Options Display: Several reviewers appreciated the platform's ability to display future options, as it assists in planning and decision-making regarding stock compensation. This feature provides valuable insights into potential outcomes and helps users make informed choices.

Value and Quantity Summaries: Users find great value in the platform's summaries of value and quantity, as it simplifies tracking and managing their equity holdings. These summaries provide a clear picture of their investment portfolio, aiding in better decision-making.

Shareworks, by Morgan Stanley

Stock Option Plan Administration is for administering stock option plans.

Stock Option Plan Administration

Likelihood to Recommend

Support Rating

Solium provides Solium Shareworks, a cloud-based platform for equity compensation administration. Shareworks is designed to allow employees and administrators to collaborate, share, comply, trade, model, support decisions, create reports and control their plans more simply and securely. The company was founded in 1999 and has offices in the United States, Canada, the United Kingdom and Australia. 

Shareworks by Morgan Stanley (formerly Solium Capital)

SR DIGITAL STRATEGIST

Shareworks, by Morgan Stanley 2024-01-02 12:27:38

ADP Workforce Now

BambooHR®

HipChat (discontinued)

Atlassian Bamboo

Corporate Sales Representative

Solium Shareworks 2017-10-10 08:44:40

Tableau Desktop

Oracle Financials, on ERP Cloud

Workday Adaptive Planning

Oracle Fusion Cloud ERP

Tableau Cloud

Oracle Financial Consolidation and Close Cloud, on EPM

Oracle Financials Cloud, on ERP Cloud

Lucanet

Solium Shareworks 2020-01-26 18:21:53

Capshare 2019-06-18 14:06:50

NetSuite ERP

Trello

Emburse Nexonia

Solium Shareworks 2018-12-10 14:32:52

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Difficult to navigate

Limited functionality

Somewhat difficult

Slow to respond

Poor customer

Poor customer service

Different data

Zip code

System is slow

Give access

Journal entries

Run reports

Dashboard design

Provide access

Easy to use

Use interface

Home

Stock Option Plan Administration Software

In my opinion, my experience with Shareworks by Morgan Stanley has been disappointing, primarily due to issues with international wire transfers. Despite ensuring that all banking information on my end is correct, and after being charged 50 GBP in fees, my funds have not been received. The bank has confirmed no attempts at transfer have been made to my account. I think customer support has been time-consuming and unhelpful, with over an hour spent on calls only to receive vague explanations about banking errors. I think this has not only been frustrating but has also shaken my confidence in their system's ability to handle sensitive financial transactions efficiently.

International Wire Transfer Process
Fee Transparency and Policy
Customer Support and Response Time

Increased Operational Costs
Time and Resource Allocation: Significant time and resources have been diverted to resolving these issues
Trust and Reliability Concerns

We use it to manage our company stock options. It's extremely easy and to use and keeps you up to date on stock allocation. Additionally, the platform has all kinds of analytics built into show how everything is progressing. We use this application across our all departments that receive stock options.

Shows current dollar value of options
Shows future options to be displayed
Provides value and quantity summaries

Old looking layout
Can be difficult if you don't have any financial background
Somewhat difficult to navigate

Not Applicable
Not Applicable
Not Applicable

Solium Shareworks has been implemented approx 1 year ago to provide a more robust solution for our equity compensation administration. It is administered from our Berlin HQ office and has view-users in all our local offices. All employees with equity have their own account to keep track of their equity portfolio.

Provide overview for employees regarding their equity portfolio.
Keep equity plans organized from an administrator point-of-view.

Limited functionality to run expense simulations based on different inputs.
Limited visuals/graphs possible

Better alignment between HR, Legal, and Finance re IFRS2 expenses.
Reduced time spent on calculating quarterly IFRS2 expenses.

Adaptive Insights, a Workday company, Lucanet, Oracle Financial Consolidation and Close Cloud, Oracle Financials Cloud, Tableau Online

Our business utilizes Capshare as a solution to our cap table needs. We currently have over 5 different share classes and 400 shareholders so this tool helps us keep everything organized. It is strictly used by the finance department

Cap Table Management - automates the cap table process from Excel and gives detail by shareholders or by share class
Option Expense - runs monthly option expense and associated journal entries for stock based comp
Warrant valuation - can run reports to determine a black scholes based warrant value with different assumptions

The system is slow. Since we have a large cap table it takes over 20-30 seconds to load it once you log on. Additionally it is slow to move between pages
It does not support IPO companies. We would have to transition to Shareworks

It has helped us accurately track option expense. Hands down the primary benefit
Allows us to pull reports by shareholder if we get inquiries about their holdings detail

Carta (formerly eShares) and Solium Shareworks

Abacus, Sage Intacct, BambooHR, QuickBooks Enterprise Solutions, Avalara

Shareworks is used to manage the company RSU and ESPP programs across the entire organization globally. It allows employee visibility into their value, vesting schedules, release option elections, etc. Key features includes that it allows for lockdown during blackout periods to protect employees from trading during the blackout period unintentionally and automatic release options to sell shares, sell shares &amp; hold shares to cover taxes or hold shares.

Calendar of vesting schedule
Visibility into value of various equity based compensation
Ability to setup default release elections at vesting dates

If banking information is incorrect for proceeds it can take weeks before notification of rejection and communication can be missed once sent
Different activity views can show different data when a transaction is 'in process'
Wish there was an option to test banking information entered for deposits, mine was rejected due to an unexpected issue with the name on my account

The ability to provide employees with an detailed view of their equity compensation and the real time value of the assets
Protection features in place to prohibit trading in blackout period
Option for employees to cover taxes related to share purchase and sales is a benefit to employees