Shareworks by Morgan Stanley: High Expectations, Disappointing Reality
In my opinion, my experience with Shareworks by Morgan Stanley has been disappointing, primarily due to issues with international wire …
Overview
What is Shareworks, by Morgan Stanley?
Shareworks 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…
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Reviewer Pros & Cons
Product Details
- About
- Tech Details
What is Shareworks, by Morgan Stanley?
Shareworks 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.
Shareworks, by Morgan Stanley Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
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(24)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Pros
- Cons
- Recommendations
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.
Outdated and Old-looking Layout: Several users have expressed their dissatisfaction with the software's interface design, stating that it appears outdated and lacks a modern look and feel.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.
Users have provided the following recommendations for the software:
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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.
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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.
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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.
Attribute Ratings
Reviews
(1-1 of 1)Companies can't remove reviews or game the system. Here's why
January 26, 2019
Valuable dashboard & tools related to equity based compensation for employees and administrators
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.
- 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