Computershare Successfully Completes Shareowner Services Client Data Migration Process
Completion of Client Data Integration Reaffirms the Combined Organization as the Global Leader in Shareholder Servicing and Plans Management
NEW YORK, May 23, 2013 /PRNewswire/ -- Computershare, (ASX:CPU) the world's foremost provider of transfer agency and shareholder communications services to companies and investors, announced today the completion of the integration of client data from the acquisition of the Shareowner Services business of the Bank of New York Mellon. All services for former Shareowner Services clients, their investors and employees are now delivered from Computershare systems and processes using the Computershare technology platform.
"Over the past 18 months, we have combined the best practices and expertise of both organizations, as well as establishing new operations and introducing innovative technology that will lead to greater levels of service," said Stuart Irving, Global Chief Information Officer at Computershare. "This undertaking was made possible thanks to the support, cooperation and commitment of our clients and employees throughout this period."
Major milestones achieved throughout the integration include rebranding of the Shareowner Services business, retention of and investment in the U.S. stock options and restricted stock business, and expansion of facilities. Additional highlights include the successful migration of records for nearly 6,000 companies with nearly 15 million active shareholder accounts, including 2,000 American Depository Receipts (ADR) and closed-end funds.
"The integration brings a number of Computershare benefits to issuers and shareholders of the former Shareowner Services business, including access to 24/7 reporting capabilities through our Issuer Online™ client website, as well as enhanced data security," said Mark Davis, Co-head of Integration Planning at Computershare. "Moreover, all clients and shareholders benefit from new services that leverage the combined strengths of both organizations to deliver innovative services, such as our new global service model, which provides expanded weekday and Saturday call center hours for transfer agency shareholders, as well as faster processing turnaround times."
These are the first of many service innovations expected to result from the integration of the Shareowner Services business into Computershare, providing our combined client base – from start-ups to global companies – with greater access to industry best practices based on the world's best technology.
About Computershare Limited
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialize in corporate trust, mortgage, bankruptcy, class action, utility and tax voucher administration, and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement.
Many of the world's leading organizations use us to streamline and maximize the value of relationships with their investors, employees, creditors and customers. Computershare is represented in all major financial markets and has over 12,000 employees worldwide. For more information, visit www.computershare.com
For more information, please contact:
+1 310 751 1817
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