Share Tracking System
What is it?
- Channel commissioned the development of STS and the software is proprietary, therefore no unnecessary annual license fees to resellers and Channel has full control over the future development.
- The software is built on the Microsoft .NET platform and supports Microsoft SQL Server 2000 or later.
- It is a secure web based system that allows SSL encryption for added security.
- SMS functionality also enhances the security aspect.
- STS can be installed in a corporate environment (intranet with token access from outside but not limited to users / administrators), or can be installed off-site for user and administrator access.
Key benefits of STS:
- Encompass the complete cycle of Share Incentive related issues in a virtual environment.
- The following types of Schemes are catered for:
- Empowerment Schemes
- Share Savings Schemes
- Share Option Schemes (vanilla and deferred delivery types)
- Share Appreciation Rights (SAR)
- Share Purchase Schemes
- Phantom Schemes
- Complete Management reporting of all activities within the Scheme..
- Effective, transparent and timeous communication with participants.
- Multi Scheme, Multi Company and Multi Share functionality.
Design advantages:
The generic design STS has the following advantages:
- Customisation / Automation of existing schemes are not time consuming.
- Implementation of STS can be done with relative ease.
- Standard company Configuration ensures that all functionalities are included in the final design.
Benefits of application:
We consider a balanced and longer-term approach to equity compensation.