OMAHA, Neb.--(BUSINESS WIRE)--TD Ameritrade, Inc. (“TD Ameritrade”), a broker-dealer subsidiary of TD Ameritrade Holding Corporation (NYSE: AMTD), today announced a relationship with Solium Capital Inc. (“Solium”) (TSX: SUM), one of the leading providers of software-as-a-service for global equity-based incentive plan administration, financial reporting and compliance.
Under the terms of the agreement, TD Ameritrade will provide an enhanced participant experience for participating Solium stock plan clients, combining Solium’s cloud-based administration and reporting platform with TD Ameritrade’s broad array of brokerage and investing services. Plan sponsors will have a seamless, transparent and flexible end-to-end solution, while participants will enjoy an integrated experience with access to their stock plan information, as well as education, investment tools and other resources.
“As we continue to develop a truly open architecture solution for managing employee stock plans, it is critical for us to continue to work with industry-leading software and administration providers,” said Brian Burke, Director of Stock Plan Services at TD Ameritrade. “Together with Solium, we can offer smaller companies and global multinationals alike a truly integrated platform combining advanced administration and brokerage services.”
“Working with TD Ameritrade allows customers the choice to better manage their equity compensation plans with access to the exceptional brokerage services of TD Ameritrade and the world-class Shareworks™ platform. We believe that this combination creates a compelling new participant-centric offering in the marketplace,” stated Jim Wulforst, President of Solium's U.S. business.
“TD Ameritrade is committed to providing both issuers and participants with flexibility, control and choice for their stock plan needs and beyond,” said Christopher Larkin, Managing Director of Workplace Solutions and Fixed Income at TD Ameritrade. “Solium is a well-respected brand within the equity compensation industry, and we are thrilled to be expanding our relationship.”
Representatives from both TD Ameritrade and Solium will be attending the 16th Annual GEO Conference this week in London, UK, April 15-17, 2015.
About TD Ameritrade Holding Corporation
Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (NYSE: AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how - bringing Wall Street to Main Street for more than 39 years. An official sponsor of the 2014 and 2016 U.S. Olympic and Paralympic Teams, as well as an official sponsor of the National Football League for the 2014, 2015 and 2016 seasons, TD Ameritrade has time and again been recognized as a leader in investment services. Please visit TD Ameritrade's newsroom or www.amtd.com for more information.
Source: TD Ameritrade Holding Corporation
About Solium Capital Inc.
Solium Capital Inc. (TSX: SUM) provides cloud-enabled services for global equity administration, financial reporting and compliance. From offices in the United States, Canada, the United Kingdom, Europe and Australia, our innovative software-as-a-service (SaaS) technology powers share plan administration and equity transactions for more than 3,000 corporate clients with employee participants in more than 100 countries. Follow us @Solium and visit us at solium.com.