StockVantage is a web-based solution that leverages the functionality and reliability of Solium Capital Inc’s Shareworks™ application – providing enterprise caliber functionality to small and mid-size companies.
It's integration of everything. I did a bit of research and talked to a few reps before deciding on going with Solium, and basically they're the the priciest for a reason. It does everything. I like how users can access their portfolio, I like how they can exercise shares themselves, I like even the ability to have users be able to access subsequent to leaving the company (there is a cost for that though). Overall great system. It works.
What do you dislike?
Honestly I can't think of too much that I disliked about this product. The price for sure, but you pay for what you get. No bad comments about it.
Recommendations to others considering the product
It's not for most smaller companies primarily due to pricing. Otherwise I would recommend using them for everything.
What business problems are you solving with the product? What benefits have you realized?
I wanted to have a platform to manage the stock options issued to employees and consultants. Prior to this it was done via excel and paper, which was possible, however very time consuming. The worst part was people would always ask how many shares they can exercise etc etc. In a CCPC environment, it's beneficial for the employees to own the shares asap to get that LTCGE, so this helped alleviate a lot of additional time spent on option management.
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