Shareworks, by Morgan Stanley Reviews and Ratings

Rating: 6.4 out of 10

Score

6.4 out of 10

Community insights

TrustRadius Insights for Shareworks, by Morgan Stanley are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Pros

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.

Reviews

7 Reviews

Shareworks by Morgan Stanley: High Expectations, Disappointing Reality

Rating: 1 out of 10

Incentivized

January 5, 2024

Use Cases and Deployment Scope

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.

Pros

Nothing

Cons

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

Likelihood to Recommend

Given my experiences and the issues I've faced, personally I would rate Shareworks by Morgan Stanley at a 1 out of 10. 'In my opinion, the service has substantial room for improvement, particularly in the areas of international wire transfers, fee transparency, and customer support.Specifically, Shareworks might be less appropriate for those requiring reliable and timely international transactions, as the process appears to be error-prone without adequate support. It may also be unsuitable for individuals or smaller enterprises that cannot afford to risk unexpected fees or endure lengthy resolution processes. I think for those considering using Shareworks, it would be prudent to have a backup plan and to be prepared for potential communication and transaction hurdles. It is crucial that potential users consult with Shareworks and perhaps seek reviews from other customers with similar use cases before fully committing to the platform.

Roger Acuna

SR DIGITAL STRATEGIST in Marketing at LSEG (10,001+ employees)

Vetted Review

2 years of experience

View profile

Solid equity-comp solution

Rating: 9 out of 10

Incentivized

January 27, 2020

Use Cases and Deployment Scope

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.

Pros

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

Cons

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

Likelihood to Recommend

Solium Shareworks great solution to keep your equity plans organized and to provide employees the insights they need. Limited functionality to integrate with HR-systems or run expense simulations.

Verified User

Analyst in Finance and Accounting (5001-10,000 employees)

Vetted Review

2 years of experience

Capshare - Improving Cap Table Mgmt

Rating: 7 out of 10

Incentivized

June 20, 2019

Use Cases and Deployment Scope

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

Pros

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

Cons

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

Likelihood to Recommend

Better for small companies (<300 shareholders) that want to automate their cap table management

Verified User

Employee in Finance and Accounting (11-50 employees)

Vetted Review

1 year of experience

Valuable dashboard & tools related to equity based compensation for employees and administrators

Rating: 7 out of 10

Incentivized

January 26, 2019

Use Cases and Deployment Scope

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 & hold shares to cover taxes or hold shares.

Pros

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

Cons

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

Likelihood to Recommend

Suited to manage RSU and ESPP equity plans for medium to large sized corporations who operate globally and have multiple vesting periods throughout the year. Also a great option for companies that are publicly traded with options to block trading in the system during blackout dates. Overall the system is likely more than needed for small equity plans without a lot of activity.

Verified User

Professional in Finance and Accounting (1001-5000 employees)

Vetted Review

Great Cap Table Management Tool

Rating: 9 out of 10

Incentivized

October 30, 2017

Use Cases and Deployment Scope

We used Capshare to manage our company's cap table. It addressed a lot of issues we had with version control of previous cap tables managed in spreadsheets. It also allowed us to have one centralized location to review and maintain records and was very easy to access, use, and update.

Pros

Easy to use interface, very intuitive
Great customer service
Waterfall analysis
No need to worry about formulas not calculating properly

Cons

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.

Likelihood to Recommend

Good for small companies that have fairly uncomplicated cap tables, inexpensive for what you get.

Verified User

Executive in Finance and Accounting (11-50 employees)

Vetted Review

3 years of experience

Solium Review

Rating: 8 out of 10

Incentivized

October 10, 2017

Use Cases and Deployment Scope

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.

Pros

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

Cons

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

Likelihood to Recommend

It's great for a growing company that is giving out shares to employees

Graham Hill

Corporate Sales Representative in Sales at ThousandEyes (51-200 employees)

Vetted Review

2 years of experience

View profile

Shareworks Review

Rating: 8 out of 10

Incentivized

March 27, 2017

Use Cases and Deployment Scope

Shareworks is used as our equity management tool across our entire company, including two wholly owned subsidiaries. Every employee has access to the system as a management tool for employee stock options. From an administrative view, Shareworks is great for tracking stock options, cap table administration, calculation stock compensation expense (ASC 718).

Pros

Provide access for employees to company equity plan.
Administer cap table.
Calculate stock compensation expense (ASC 718).

Cons

Improve usability, difficult to navigate.
Improve user activation process. Currently users need to know their ID, Zip Code, or SSN and we don't add that information to system so very manual to give access.
Email notification templates, visibility into what has been sent.
Stock compensation calculation.

Likelihood to Recommend

Well suited for privately or publicly held companies with stock option plans or ESPP. Helpful for calculating stock compensation expense.

Verified User

Employee in Finance and Accounting (201-500 employees)

Vetted Review

3 years of experience