Solium Announces the Launch of Solium Analytics
CALGARY, Nov. 8, 2017 /CNW/ - Solium Capital Inc. ("Solium") (TSX: SUM), the leading provider of software-as-a-service for global equity-based incentive plans administration, financial reporting and compliance, today announced the launch of Solium Analytics to provide 409A, ASC 820 and ASC 718 valuation tools, which will leverage the Shareworks Scenarios modeling platform.
Solium Analytics will be managed by Steve Liu and a team including Betty Ma, Russ Zanetti and Scott Winder. All have extensive experience in providing private companies the qualified valuation and domain expertise required through all stages of development. The team brings decades of valuation and Big 4 experience, completing over 5,000 409A valuations and successfully bringing over 75 startups through their IPO.
As the new Head of Solium Analytics, Steve will be responsible for leading the valuation practice and execution of the group's portfolio of valuation opinions for private companies. Steve was previously the valuation practice leader at Silicon Valley Bank (SVB) Analytics. Prior to SVB Analytics, Steve worked with at Deloitte and KPMG collectively for over a decade in New York and San Francisco, managing both domestic and international clients that ranged from start-up to Fortune 100.
Powered by a team of industry experts, Solium Analytics further strengthens Solium's mission to provide private companies the best equity management and valuation solutions, supporting companies from a seed investment through to the pre and post IPO stage, with the right balance of technology and service.
"We are excited to announce the launch of Solium Analytics with one of the strongest valuation teams in the industry. This team brings the level of quality and service that our customers demand," said Marcos Lopez, CEO of Solium. "With Capshare joining the Solium team and now Solium Analytics, we are able to bring companies and their investors - at an earlier stage in their lifecycle - into an ecosystem that is trusted by thousands of growing private companies, as well as the largest private and public companies around the world. In fact, we have helped more than 75 companies manage the migration from a private entity through to their IPO."
To further the market reach of Solium Analytics, Solium has formed a strategic relationship with Long-Term Stock Exchange (LTSE) to provide valuations for emerging, high-growth companies through the Fast409A platform. Fast409A blends software automation and the expertise of the Solium Analytics team to streamline preparation time and deliver a 409A valuation report in just a few days. Customers have a chance to review their draft valuation with a Solium Analytics professional and end up with the peace-of-mind that the valuation is accurate, defensible and has been performed by a true, independent third-party.
About Solium Capital Inc.
Solium Capital Inc. (TSX: SUM) provides cloud-enabled services for global equity administration, financial reporting and compliance. From offices in the United States, Canada, the United Kingdom, Europe and Australia, our innovative software-as-a-service (SaaS) technology powers share plan administration and equity transactions for more than 3,000 corporate clients with employee participants in more than 100 countries. Follow us @Solium and visit us at solium.com.
SOURCE Solium Capital Inc.
Press Contact: Kelsey Cullen, [email protected], 650.438.1063; Investor Relations Contact: NATIONAL | Equicom, Heidi Christensen Brown, [email protected], 416.848.1389
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