Business
Solium and UBS to enhance strategic partnership
Solium and UBS to enhance strategic partnership Canada NewsWire CALGARY, May 10,...

About this update from Summit Royalties Ltd
[{"type":"text","content":"\n\n\n\nSolium and UBS to enhance strategic partnership\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, May 10, 2017\n\n\n\nCALGARY, May 10, 2017 /CNW/ - Solium Capital Inc. (\"Solium\" or the \"Company\") (TSX: SUM), the leading global provider of software-as-a-service (SaaS) for equity administration, financial reporting and compliance, today announced that it anticipates entering into an agreement with UBS Financial Services Inc. (\"UBS\") on terms that have been agreed to in principle, that will extend the current long-standing relationship between Solium and UBS.  Under the new agreement, UBS customers will upgrade to a UBS branded version of Shareworks, Solium's industry leading stock plan administration platform.  UBS will continue to manage all of the service and support functions provided to their corporate clients and associated employee participants, including its wealth management services and digital employee experience.\n\n\"Corporate clients tell us that state-of-the-art corporate facing technology is critical for them,\" stated Michael Barry, Head of Equity Plan Advisory Services, UBS Wealth Management Americas. \"Leveraging Shareworks technology allows us to focus on accelerating our efforts to deliver education and advice through our Financial Advisors and digital channels.  We are firmly committed to the equity plan business. An important aspect of that is helping both our corporate clients and participants achieve success.  Our industry is evolving and UBS will continue to be a leader and at the forefront of change.\"\n\n\"This arrangement is a testament to the power of the long-standing relationship that we have enjoyed with UBS in the US marketplace.  We are excited to enable UBS with the Shareworks platform,\" said Marcos Lopez, Solium's CEO.  \"The Shareworks platform's modern architecture and rich features will enable UBS to continue to provide leading-edge technology to its clients.  We look forward to continuing to work with UBS and further enabling their stock plan business.\"...