The UK’s leading provider of Registration Services and Employee Share plans, Equiniti, announced today it has signed a strategic alliance with Australian company Link Market Services Limited and Hong Kong based Tricor Investor Services Limited to deliver a market leading technology and financial services offering to globally listed companies.
This strategic relationship brings together leading share registry providers in each jurisdiction to become the Global Share Alliance. Combined, the Global Share Alliance represents in excess of 30 million shareholder records worldwide and is committed to providing first class customer service with local expertise, demonstrating global best practice.
Equiniti, which serves 54 per cent of FTSE 100 companies, is the UK’s leading provider of share registration services, employee share plan administration and business process outsourcing solutions.
Link Market Services is the premium provider of registry, value added and technology services to financial market participants in Australia with over ten million shareholder records under management.
Tricor’s client portfolio includes the majority of companies listed on the Hong Kong Stock exchange, more than 580 companies listed in Singapore, Brunei and Malaysia as well as over 35% of the Fortune 500.
Under the alliance, clients will have access to the global provision of first class services from each of the Global Share Alliance members. Clients of all three firms will benefit from support in planning and executing global corporate actions as well as combined management information and reporting services.
Commenting on the announcement, John Parker, Equiniti’s Managing Director said:
“This is an important step towards our goal of developing strategic alliances across all the markets in which our clients operate. The relationship follows discussions with clients of each firm to determine how we can work together to best meet their needs, and in addition to our expanded service offering, we will be sharing market intelligence and client communication in order to deliver the most efficient service possible.”
“I am confident that our mutual clients will see significant benefits as a result of the alliance,” said Mr Parker.
Phillip Muhlbauer, CEO of Link Market Services commented that the establishment of an agreement was an exciting proposition for all clients with global aspirations. “The Global Alliance will enable companies to benefit from market leading technology with a focus on the delivery of premium services, previously unavailable in the market at a global level.”
Commenting on the alliance, Julian Chow, Tricor Group Managing Director, said: “We are excited by this strategic alliance with Equiniti and Link Market Services as this will further strengthen Tricor’s already strong global servicing network. This alliance will augment the premium service offerings to shareholders and listed clients across markets and will enhance cross-border transactions by investors.”