ING Wholesale Banking can provide

Incentive administration

As a listed or non-listed company and being an employer, you will want to attract, retain, motivate and guide your employees. An excellent way to do this is through a long term incentive plan (LTIP) based on equities. Such a plan increases employees’ commitment to the company, strengthening the relationship between employer and employee. ING’s global participation services (GPS) can help you achieve these goals.

Global participation services is a complete service for companies wanting to outsource the implementation, subscription, administration and settlement of their LTIP. To provide this service, ING uses a web-enabled communication and administration system, called MyLeo.

MyLeo is used to register, maintain and settle your LTIP based on shares and/or options in a safe and capable way. GPS has a dedicated account management team of experienced and multilingual specialists. Every client is assigned to a senior account manager for the day-to-day operations.

Your advantages

  • Dedicated support and a single point of contact (including administrator instruction and training)
  • Multiple plans: option and share, purchase and reward, and equity and cash settled plans
  • No local software installation, security features like identification, authorisation and encryption
  • Transparent and clear fee structure
  • Payments directly to participants, company, or via pay roll
  • Offer processing, reward processing, execution processing (ordering and settlement)
  • Compliance monitoring, reporting, multi-underlying, multi-currency
  • Direct communication via My Leo
  • Global experience with multinationals, proven track record

Your employees' advantages

  • Help and information online, including wizards for ordering and offer acceptance
  • Online portfolio management of sale, transfer or combination orders
  • Access to portfolio information, valuation and modelling
  • Statements, history of offers, portfolio and orders

What we offer

  • A One-stop shop, including financial services (brokerage, custody, and payments)
  • Worldwide, 24/7 access to our multilingual, intuitive and user friendly online tool MyLeo
  • Time and cost saving due to outsourcing your incentive administration

 

 


Get in touch with our local office

Please get in touch with the listed office to discuss any enquiries you may have.