Bringing you live news and features since 2006 

Computer screen

UBS Wealth Management Americas introduces enhanced functionality for equity plan business


UBS Wealth Management Americas has added two new features to its Equity Plan Advisory Services (EPAS) offering: an enhanced cash awards functionality and the UBS One Source Mirror.

Cash awards may be paid in either a lump sum payment or based on performance measures such as stock price; some have time-based vesting schedules or associated performance conditions. Companies issue them to address the complexities associated with other award types, such as share dilution concerns and country-specific requirements.
"Cash awards are an important part of the compensation issued by companies," says Michael Barry, head of UBS Equity Plan Advisory Services. "To meet growing demand, EPAS enhanced our functionality from being able to settle a single cash award transaction in either cash only or stock only, to being able to settle in a mix of both. We believe UBS is the only major provider that offers this as a core product with flexible delivery functionality."
UBS One Source Mirror enables UBS financial advisors and company plan administrators to simultaneously view and track what participants see while they are navigating within UBS One Source. Mirror users may navigate independently throughout the site at the same time as participants, helping those users guide participants through the precise steps that need to be followed to, for example, quickly and correctly enter a transaction or locate a statement.
"The feature we believe clients will like the most is the 'Navigate to User' button, which will automatically redirect them to the very same page that the participant is viewing, giving them the ability to follow the participant in real-time and better service them overall," says Barry.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by