NH Investment & Securities announced on the 9th that it has signed a comprehensive business agreement for collaboration on a stock compensation program with Quotalab.
The signing ceremony took place the previous day at the NH Investment & Securities headquarters in Yeouido, Seoul. The event was attended by Yun Byeong-un, CEO of NH Investment & Securities, Choi Dong-hyun, CEO of Quotalab, and other executives and staff.
NH Investment & Securities plans to provide a comprehensive solution service for stock-linked compensation systems through the business agreement with Quotalab. Quotalab operates the top venture capital market infrastructure in the country and provides financial information solutions to corporations, investors (GP), and stakeholders (LP). Currently, it offers management services for stock-linked compensation systems for more than 23,000 companies across 11 countries, including Korea and Australia.
Through this partnership, NH Investment & Securities plans to provide comprehensive consulting on various stock-linked compensation systems, including stock options, employee stock ownership plans (ESOP), as well as employee stock purchase plans (ESPP), restricted stock units (RSU), and restricted stock awards (RSA) that are widely used abroad.
Corporations that use NH Investment & Securities' comprehensive solution will have access to a systematic and convenient management service for stock compensation systems provided by Quotalab. Employees of these corporations can check the status of their stock-linked compensation rights and exercise them through NH Investment & Securities' mobile trading system (MTS).
Yun Byeong-un, CEO of NH Investment & Securities, said, “Understanding customer needs quickly and launching services promptly is a virtue of investment firms,” and added, “We will continue to make efforts to provide the solutions that our customers want.”