Source: Computershare Limited
Computershare Limited (ASX: CPU) announced today that it has formed an alliance with HighView Financial Group, a Canadian advisory and outsource services firm for the wealth management industry.
HighView Financial will use Computershare's World Records application to provide the firm's clients with subsidiary management and corporate compliance services.
HighView Financial Group, which provides consulting and outsourced business services to wealth management firms in the areas of strategy, support and capital solutions, has chosen the World Records application for its ease of use in offering record management and governance support.
"We are truly excited about providing our clients with world class technology to help them ease the burden of managing their regulatory governance and compliance obligations," said Gary Brent, Chief Executive Officer of HighView Financial Group. "With our support services and the World Records® technology, we can automate the data and document management activities within our clients' governance and compliance obligations so our clients can concentrate on growing their businesses," added Mark Barnicutt, President of HighView Financial Group.
Another major factor in making the World Records application the solution of choice for HighView Financial Group is the fact that it is a Web- based product. "It's an efficient way for us to administer our clients' corporate compliance and governance functions while giving them real-time online access to their data for research and reporting purposes," said Barnicutt.
With the success of the World Records application in the US, tailoring the solution to the specific regulatory requirements of Canada was the next logical step. "As we continue to enhance the World Records application to address the Canadian marketplace, we will look to HighView Financial to help us identify areas for growth and development of the solution that will better serve the Canadian user," says Mark Selinger, Managing Director of Computershare's World Records Solutions.
Hosted by Computershare, the Web-based World Records® application manages information needed by the office of the corporate secretary, tax, legal, compliance, and risk management departments. For companies with just a few or thousands of subsidiaries, the application can capture corporate information for each entity including subsidiary type, where incorporated, lists of shareholders, directors and officers, and organizational charts. It retains this detail as changes in the entities occur over time.