Irish ‘FinTech Company of the Year’ Officially Launches New Hong Kong Officeby Company Announcement January 16, 2018
The Irish award-winning ‘Deloitte FinTech Company of the Year‘ Global Shares – a global provider of equity compensation software solutions – announced the official opening of its new Hong Kong office by Mr. Michael D’Arcy T.D. – Ireland’s Minister of State at the Department of Finance with special responsibility for Financial Services.
The new Hong Kong office is the company’s first base in Asia, bringing to 10 the total number of Global Shares’ offices around the world including New York, Dublin, Cork, London, Edinburgh, Lisbon & Munich.
Today’s announcement follows the rapid growth in Global Shares employee numbers rising from 68 staff in 2015, to 150 staff currently, and targeting a total of 228 staff members within 18 months.
Global Shares new Asia-based team of three staff members will grow to ten staff within the next six months. The expansion comes on the back of significant growth in Global Shares’ client base since the launch of its software platform in 2015, increasing from 150 to 250 clients from 25 countries with participants in over 100 countries worldwide. During this time Global Shares has signed contracts with 8 FTSE 100 companies and its client listing includes GSK, Skanska, Sage, UniCredit, Generali, Cargill, Noble Group, Giosis PTE Ltd and others.
Speaking at the announcement in Hong Kong today, Irish Minister of State for Financial Services Michael D’Arcy TD, said:
“I am delighted to be here today to officially launch Global Shares in Hong Kong. I would like to commend Global Shares for its ambitious and unwavering commitment to drive its international growth by opening this new Asian base to expand its reach directly into the market.
Over the last three years Global Shares has achieved phenomenal global sales success, illustrating the potential of Ireland’s financial services sector to create highly innovative market-leading FinTech products as well as create high value, sustainable employment.
Global Shares is a great example of Enterprise Ireland’s policy of strategic investment, and today’s announcement illustrates how an Irish company can compete and succeed on the global stage. It is wonderful to see the continued progress Global Shares is making and I look forward to watching closely as its exciting story unfolds,”
Dara Murphy, General Manager Global Shares Hong Kong said:
“I am delighted to lead Global Shares’ expansion in Asia with the opening of this new office in the heart of Hong Kong’s business district. With our new team in place, we can now provide comprehensive on-site support to customers in their local language and timezone and look forward to forging new and deeper business links here.
Global Shares offers the most modern, cloud-based, equity plan management software in the world, with an exceptional online experience, unrivaled functionality, and a fully customisable solution, setting a new benchmark for the global share plan administration industry.
Over the past two years, we have experienced stellar growth across every aspect of our business and additionally become MiFID & FINRA/SEC regulated.
We can now offer clients a complete one-stop solution to manage every aspect of their employee share plan, from Administration and Share-Dealing to Global Custody, Financial Reporting and more. Global Shares recently won the prestigious ‘Deloitte FinTech Company of the Year’ Award at the Technology Fast 50 Awards in Ireland’, which is a tremendous endorsement of what we have achieved.
I would like to acknowledge the welcome and support we have received since establishing here, from Government Agencies and Trade Associations, our partners YFF and the wider business community. We couldn’t be more excited about this new venture for Global Shares!”