EQUINITI GROUP PLC

Description

Equiniti Group PLC is a UK-based company that provides financial, administrative, and technology-led services worldwide. The company was found in the year 2007 and it is listed on the London Stock Exchange. The headquarters of the company are situated in London. Its subsidiaries include Equinity Ltd., Selftrade, EQ Shareowner Services etc. The company provides arrangements for share registrations, management of outsourced complaints and issues, and financial services related to payments and pension schemes. Around 70% of the FTSE 100 and 15% of NYSE companies work with the Equinity Group. With over 5,000 employees, the company provides its services to around 36 million people in the UK, US, and 120 other countries across the globe. It provides services to a wide range of public as well as private organisations.  

The company has four divisions: Intelligent Solutions, Pension Solutions EQ US, Investment Solutions, and Interest. A wide range of services is offered by the investment solutions segment, which include registration of shares, incentive plans for shares, and management of schemes like SAYE (save as you earn). In addition to these services, this segment also provides services associated with management of wealth, dealing of shares, and payments made to corporate international clients. The planned roadmap for management of cases and complaints from clients, credit and related services, induction of new clients, as well as specialist resources for amending and redressal, are offered by the intelligent solutions segment of the company.

The pension solutions segment is involved in the management and administration work, covering payments associated with pension schemes, pension softwares, as well as data solutions. Lastly, a wide range of transfer agent services are offered by the EQ US segment of the company. This segment charges fee for managing the balances of customers and clients, and thus earns interest income.

Equinity has a well-defined framework for corporate governance and follows an ethical code of conduct for running business. It aligns itself with policies related to diversity and inclusion, modern slavery, gender pay gap, human rights etc. It promotes an all-inclusive business model based on digitisation and aims to build mutually beneficial relationships with all its clients. The company fulfils all its social and environmental responsibilities and strives for sustainable business solutions that will help the future generations as well. According to a survey conducted by the Financial Times among 15,000 European companies in November 2020, Equinity stands at 361 rank among the top 850 ‘diversity leaders’.