Morgan Stanley at Work Enhances Technology to Deliver Time and Cost Savings to Stock Plan Administrators and Participants
Enhancements provide greater ease of use through fractional shares and automation
With these technology upgrades to EEO and Shareworks, corporate clients will experience new processes that drive efficiency, increase productivity, and boost satisfaction.
New technology capabilities and features on the platforms include:
- Expanded fractional shares transaction capabilities in both Shareworks and EEO that enable stock plan participants to trade any fractional portion of their equity shares—or sell just enough to cover taxes and keep the rest. This helps them to keep a higher number of equity shares after vesting, widens their tax strategy choices, and drives deeper engagement and satisfaction with their plans.
- A fully automated Leave of Absence administration process in Shareworks in which stock plan administrators no longer need to manually update individual vest schedules when a participant goes on leave and/or returns. Plan administrators can now handle this frequent occurrence automatically with a simple status rule—saving time and minimizing errors.
- A new automation framework in EEO called Workflows allows stock plan administrators to build custom automated processes, reducing individual manual steps. The automated Workflows help administrators coordinate and deploy end-to-end processes in the platform itself, store whatever parameters they need, isolate specific populations of participants, and run workflows for specific events—all from one place.
“Over the past two years we’ve made significant progress in bringing together the best of the best from Shareworks and Equity Edge Online,” said
About Morgan Stanley at Work
Morgan Stanley at Work offers a suite of financial solutions, which spans Equity Compensation through Shareworks and E*TRADE Equity Edge Online, Retirement and Financial Wellness Solutions. Morgan Stanley at Work combines cutting-edge planning and Morgan Stanley intellectual capital and financial education delivered through multiple channels to enable employees to build a holistic plan to achieve their financial goals. Shareworks services are provided by Morgan Stanley Smith Barney LLC, member
About Morgan Stanley Wealth Management
Morgan Stanley Wealth Management is a leading financial services firm that provides access to a wide range of products and services to individuals, businesses, and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products and services, annuities and insurance, retirement, and trust services.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.
Shareworks, a part of Morgan Stanley at Work, is provided by Morgan Stanley Smith Barney LLC, member
Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in
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