NEW YORK, Jan. 24, 2017 (GLOBE NEWSWIRE) -- Continental Stock Transfer & Trust Company (“Continental”), the nation’s fourth largest stock transfer agent, is pleased to announce a partnership to provide the most advanced information technology tools available in the industry for our public and private customers. Continental has engaged TS Partners, Inc. (“TS Partners”) as their software partner to provide enhanced solutions for shareholder recordkeeping, plan services and issuer/shareholder access.
TS Partners was founded in 1985 by financial industry veterans. TranStar, the flagship system of TS Partners, is designed to recognize that while issuers’ needs are often similar, no two customers are identical. This philosophy has been a core value of Continental since its formation in 1964. A key to this alliance is the shared commitment of Continental and TS Partners to enhanced automation and straight-through processing.
This partnership comes at a transformational time in the stock transfer industry. Issuers are looking for dedicated and long-term relationships to provide flexible solutions with hands- on account administration liaisons. The partnership with TS Partners fully equips the Continental team to offer tailored choices, through the Transtar platform, to effectively service our customers’ shareholders well into the future. The transition has already commenced and is expected to be completed in spring 2017.
Partnering with TS Partners and their TranStar platform will continue Continental’s commitment to providing best-in-class stock/equity solutions tailored to our customers’ needs – solutions that are flexible, highly automated and secure while providing unmatched quality and value. "Continental Stock Transfer & Trust Company is extremely pleased to announce its alliance with TS Partners, now clearly the industry leader in stock/equity software," said Steven Nelson, President and Chairman of Continental. “We believe that the TS Partners alliance allows us to offer a more robust, automated and responsive array of services to our customers; and we feel confident that we will be able to leverage this arrangement for significant near and long-term growth.”
Continental’s clients can expect a seamless transition, along with detailed communications in the coming weeks to outline these numerous enhancements, including: immediate processing, on- demand reporting, an integrated platform supporting all transfer agent data needs, compliance with current and anticipated regulations, secure data transmission to comply with OTC’s Transfer Agent Verified Shares Program, and a licensed software fully controlled and operated by Continental.
“When we started TS Partners in 1985, I could only have imagined doing business with a client with the depth and expertise of Continental. TS Partners has worked diligently on continually improving and expanding the capabilities of our TranStar system to make it best-in-class. Its selection by Continental is a testament to our laser focus and years of hard work. Now, with direct access to Continental’s teams, we anticipate even further expansion in the capabilities of our industry-leading transfer agency system,” remarked Ben Goldfield, CEO of TS Partners, Inc.
TS Partners, Inc.
TS Partners was founded in 1985 by financial industry veterans to provide financial institutions and corporations a better way to manage their Stock Transfer & Shareholder Recordkeeping business. Principals of TS Partners, Inc. draw on their extensive Trust & Investment Management software development and servicing backgrounds to design and develop systems specific to Stock Transfer. Superior functionality, a preferred technology platform, and unparalleled Client Service have helped TS Partners win a blue chip client list with some of the most prestigious names in Stock Transfer. TS Partners claims never to have lost a client to a competitor, while converting many.
Learn more at www.tspartnersinc.com
Better Technology, Better Service, Better Partners
Jon Ichter
Director of Client Support
jichter@tspartnersinc.com
Business Direct: 610.768.1100
Continental Stock Transfer& Trust Company
Continental Stock Transfer & Trust is the 4th largest stock transfer agent in North America, handling more than 1,100 public & private issues and aggregating more than 2 million shareholders. For 53 years the Company has delivered to its client’s reliability, stability and premier service at an exceptional price. Continental offers a wide array of services, including public and private offering administration, issuance and transfer of shares, management of restricted transfers and option exercises, maintenance of shareholder stock ledgers, including cost basis history, dividend disbursement and investment plan services, as well as corporate event administration and escrow services. In addition, the Company has a dominant position in the Special Purpose Acquisition Company “SPAC” / IPO business and has been routinely recognized as the leading North American Transfer Agent, delivering exceptional services and unmatched value to its customers.
Learn more at www.continentalstock.com
Independent Spirit, Relentless Dedication
Karri L. Van Dell, Vice President
Director of Sales & Marketing
kvandell@continentalstock.com
Business Direct: 212.845.3224