Boston, MA 09/26/2014 (wallstreetpr) – According to reports, TD Ameritrade Holding Corp. (NYSE:AMTD) has decided to enter into a strategic relationship with Equity Administration Solutions, Inc. (EASi). It is one of the largest compensation software-as-a-service providing companies of the world. Other than being a well-known software service provider company, EASi also provide administrative support to various companies for distinct employee stock plans.
Insights of the strategic relationship:
There are a few pre-specified terms and conditions of this relationship, according to one of the such terms, AMTD will work for providing the participant servicing for participating EASi stock plan clients in an effective manner. For the fulfillment of this objective, TD Ameritrade Holding Corp. (NYSE:AMTD)’s broad range of brokerage services will be combined with the streamlined platform for accounting, reporting and administration of EASi. All the plan sponsors will have a transparent, seamless and flexible solution of the problems while employees will be able to enjoy complete access to their stock plan information. Other than this, they will also have direct access to various investment tools and resources.
The management of TD Ameritrade Holding Corp. (NYSE:AMTD) seems very hopeful about this strategic partnership. While answering to reporters, Brian Burke, Director of Stock Plan Services at AMTD told them that after conducting in-depth analysis, AMTD figured out need of an open-architecture approach for managing ESPs. AMTD always wanted to create innovative solutions for individuals and corporate clients in order to make them feel at ease about their employee stock plans. The proposed strategic relationship between EASi and AMTD will enable the company to fulfill its objective of offering innovative stock plans for corporate executives. EASi use world-class resources, tools and techniques to offer the best equity compensation solutions to employees. Once the initial formalities are done, TD Ameritrade Holding Corp. (NYSE:AMTD) will start taking the help of EASi management for making available best possible options to corporate executives. Senior management executives of both the companies will be speaking on this matter on the occasion of 2014 National Association of Stock Plan Professionals (NASPP) conference. It will take place between September 29-October 2, 2014.