Certent Powers Fidelity's Partial Administration Offering for Company Stock Plans

PLEASANTON, Calif., Oct. 27, 2015 /PRNewswire/ -- Certent, a leading provider of equity compensation and financial disclosure software-as-a-service (SaaS) solutions, announced today that it has teamed with Fidelity Investments to employ Certent's Equity Compensation Management solution as a Certified Data Interface provider with Fidelity. The collaboration enables stock plan administration and transaction solutions for joint clients. The offering is designed for companies who want to manage their stock plan records in-house and team with an external administrator for employee servicing, guidance and brokerage services. Fidelity's "Partial Administration" offering will be available in December, 2015.

"Fidelity's new Partial Administration offering will allow us to service the growing number of companies managing their company stock plans in-house," said Kevin Barry, executive vice president, Stock Plan Services at Fidelity Investments. "We're pleased to be teaming with Certent and joining their brokerage network, and look forward to collaborating to provide an exceptional plan sponsor experience for our clients."   

"The broker relationship is critical to successfully managing equity compensation programs," said Michael Boese, chief executive officer at Certent. "We are thrilled to add Fidelity to our industry-leading broker network. This new offering, powered by Certent's administration platform, allows companies to maintain control of their internal records and employee database, while providing their employees with Fidelity's leading stock plan education, support and brokerage services."

About Certent:Certent makes it easier for companies to meet their financial compliance requirements. Certent's user-friendly, web-based technology streamlines equity plan management, financial reporting for ASC718, and financial filings (in XBRL and HTML) with the U.S. SEC. With technology based on in-depth accounting expertise, an open ecosystem of industry partners, and an expert services organization focused on customer success, Certent has helped more than 1,300 companies worldwide innovate their financial compliance processes.

Contact:Leslie Leach925-730-4300www.certent.com

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SOURCE Certent