Shareworks, by Morgan Stanley Reviews & Insights

In my opinion, my experience with Shareworks by Morgan Stanley has been disappointing, primarily due to issues with international wire transfers. Despite ensuring that all banking information on my end is correct, and after being charged 50 GBP in fees, my funds have not been received. The bank has confirmed no attempts at transfer have been made to my account. I think customer support has been time-consuming and unhelpful, with over an hour spent on calls only to receive vague explanations about banking errors. I think this has not only been frustrating but has also shaken my confidence in their system's ability to handle sensitive financial transactions efficiently.

Given my experiences and the issues I've faced, personally I would rate Shareworks by Morgan Stanley at a 1 out of 10. 'In my opinion, the service has substantial room for improvement, particularly in the areas of international wire transfers, fee transparency, and customer support.Specifically, Shareworks might be less appropriate for those requiring reliable and timely international transactions, as the process appears to be error-prone without adequate support. It may also be unsuitable for individuals or smaller enterprises that cannot afford to risk unexpected fees or endure lengthy resolution processes. I think for those considering using Shareworks, it would be prudent to have a backup plan and to be prepared for potential communication and transaction hurdles. It is crucial that potential users consult with Shareworks and perhaps seek reviews from other customers with similar use cases before fully committing to the platform.

Solium Shareworks has been implemented approx 1 year ago to provide a more robust solution for our equity compensation administration. It is administered from our Berlin HQ office and has view-users in all our local offices. All employees with equity have their own account to keep track of their equity portfolio.

Solium Shareworks great solution to keep your equity plans organized and to provide employees the insights they need. Limited functionality to integrate with HR-systems or run expense simulations.

Our business utilizes Capshare as a solution to our cap table needs. We currently have over 5 different share classes and 400 shareholders so this tool helps us keep everything organized. It is strictly used by the finance department

Better for small companies (<300 shareholders) that want to automate their cap table management

Shareworks is used to manage the company RSU and ESPP programs across the entire organization globally. It allows employee visibility into their value, vesting schedules, release option elections, etc. Key features includes that it allows for lockdown during blackout periods to protect employees from trading during the blackout period unintentionally and automatic release options to sell shares, sell shares & hold shares to cover taxes or hold shares.

Suited to manage RSU and ESPP equity plans for medium to large sized corporations who operate globally and have multiple vesting periods throughout the year. Also a great option for companies that are publicly traded with options to block trading in the system during blackout dates. Overall the system is likely more than needed for small equity plans without a lot of activity.

We used Capshare to manage our company's cap table. It addressed a lot of issues we had with version control of previous cap tables managed in spreadsheets. It also allowed us to have one centralized location to review and maintain records and was very easy to access, use, and update.

Good for small companies that have fairly uncomplicated cap tables, inexpensive for what you get.

We use it to manage our company stock options. It's extremely easy and to use and keeps you up to date on stock allocation. Additionally, the platform has all kinds of analytics built into show how everything is progressing. We use this application across our all departments that receive stock options.

It's great for a growing company that is giving out shares to employees

Shareworks is used as our equity management tool across our entire company, including two wholly owned subsidiaries. Every employee has access to the system as a management tool for employee stock options. From an administrative view, Shareworks is great for tracking stock options, cap table administration, calculation stock compensation expense (ASC 718).

Well suited for privately or publicly held companies with stock option plans or ESPP. Helpful for calculating stock compensation expense.