Morgan Stanley to Transfer Wilson Sonsini’s Current Corporate Users to Shareworks

Morgan Stanley announced that it has inked a deal with Wilson Sonsini Goodrich & Rosati, allowing privately-held companies currently using Wilson Sonsini's proprietary capitalization management software to migrate to Morgan Stanley's Shareworks by Morgan Stanley ("Shareworks") capitalization and stock plan platform.

Wilson Sonsini is a leading provider of capitalization management software for startups that scales through each stage of their growth, up to and including an initial public offering.

Morgan Stanley acquired Solium Capital Inc. in May 2019 and the company was rebranded Shareworks by Morgan Stanley. Shareworks is a leading global stock plan administration platform that provides software andadministration services to corporate clients around the globe.

Jed Finn, Head of Corporate and Institutional Solutions, Morgan Stanley Wealth Management said:”This agreement, along with the acquisition of Solium andthe Corporate Services business from E*TRADE, are a part of our long-term strategy to be the premier provider offinancial solutions to workplace employees. We are confident that Wilson Sonsini's clients can also benefit from ourbroader Morgan Stanley services and offerings.”

David Wang, Wilson Sonsini's Chief Innovation Officer said:”As we continue to evolve how we serve as trusted legal and strategic advisors to our clients through their entire lifecycle, we are excited about the opportunity to provide an even more efficientand technology-driven capitalization management experience for our clients with a state-of-the-art solution like Shareworks.”