|
Many
people see our main line of business as the management of companies’
share registers. Do you have any comments on this?
Traditional services developed by the share registrar have expanded
considerably over the last few years. This is highlighted by the
renaming of our registry services division to Computershare Investor
Services.
We see the core
maintenance of the share register as the basis for providing an
ever increasing range of services to both investors and companies.
This has been demonstrated by our development of global analytics,
employee services and document services businesses. We have focused
on developing a complete range of products delivered over the Internet
to both investors and companies.
The financial
services industry is like a technology arms race, with the winners
in the technology race taking the prize. Computershare now has close
to 500 technology staff who primarily service our registry business
worldwide.
|
The
Employee Plan Business seems high on your radar, can you explain
why?
At Computershare we have seen the power of employees owning shares
in our company and see this as a growing trend by companies. We
also see other countries following the lead of the UK, who have
encouraged employee share ownership with aggressive tax concessions.
As both governments and companies realise the power of employee
share ownership, this area of our business will expand considerably.
We are also
convinced of the merits of the single service provider model, where
companies can look to us to handle services to both shareholders
and staff globally. We see great cross-selling opportunities in
this area especially in the US where only 10%of the Employee Plan
clients are also share registry clients.
|

We are able
to draw on the significant knowledge and experience of our staff
in eight countries who provide this service, and we believe that
our market share, acquired through both organic growth and acquisition,
places us in a commanding position to grow this business on a truly
global scale.

|