PeerTracker
PeerTracker
Equatex and Aon’s PeerTracker create stronger performance plan technology
Equatex and Aon are joining forces to roll-out Aon’s proprietary PeerTracker application to clients globally which means that clients of both companies will benefit from enhanced technology solutions to manage performance-based long-term incentive plans.
PeerTracker a product of Aon Equity Services takes the guesswork out of performance-based equity awards. PeerTracker’s capabilities include the calculation of relative performance metrics set forth in the plans, with access to market and financial data for more than 60,000 companies in over 180 different currencies from S&P’s Capital IQ system.
Company performance data from Aon’s PeerTracker is available in the newly designed participant interface on Equatex’s global share and compensation plan administration platform EquatePlus.
This allows employees participating in performance-based long-term incentive plans to see the impact of their company’s current performance on the value of their portfolio in EquatePlus along with the target and maximum performance values at any time in one single platform.
Display up-to-date portfolio valuation based on performance calculations to participants in EquatePlus
Reduced inquiries and increased employee engagement due to higher understanding
From software-only solutions to fully outsourced administration, Equatex’s services flex to meet the needs of today’s global compensation plans
Trusted and experienced in executing performance-based calculations including complex metrics
Aon has created PeerTracker sites for more than 1,000 plans globally, developing extensive expertise and hundreds of customised communication and reporting solutions along the way
A final performance certification letter is issued for each plan ending. The final payout is reviewed thoroughly and signed off on by Aon Equity Service team
New participant pages on EquatePlus with a host of new features to help companies increase participation rates and engagement levels among compensation plan participants