Software
Accurate Equity has continuously developed the comprehensive software, the Accurate Equity Pyramid according to the Top-Down approach for more than 10 years. Since 2004, we have depicted our software architecture using a pyramid. The top level of this pyramid represents the corporate finance layer with valuations and consolidated reporting. The middle level represents the accounting and reporting layer and the bottom “floor” the logistics of employee share plan administration, interaction and record-keeping.
Therefore, we have found it appropriate to name our proprietary software as: The Accurate Equity Pyramid.
In short, the Accurate Equity Pyramid reflects our holistic Top-Down approach to equity compensation at the same time as it echoes the AE initials of our new name.
It also symbolises and, when seen in more detail explains our Top-Down approach to equity compensation.
The software is designed to deliver streamlined administration and reporting of all forms of equity-based compensation plans in compliance with the prevailing standards and requirements such as;
- Employee Share Ownership Plans (ESOPs)
- Employee Share Saving Plans (ESSPs)
- Employee Share Purchase Plans (ESPPs)
- Employee Stock Options and Warrants
- Synthetic Options
- Stock Appreciation Rights (SARs)
- Restricted Stock Units (RSUs)
- Restricted Stock Awards (RSAs)
The software supports International Financial Reporting Standard (IFRS) and can be adjusted to comply with other local GAAPs and to satisfy special customer requirements.
The Accurate Equity Pyramid is web-based with separate interface for administrators and plan participants. The first commercial version was released in August 2003 under the name, Norse Options.
