Maybe Computershare is an option for Joel.
To achieve its goals, ResMed understood it would require the services of a single global
provider, for both its U.S. and CDI registers. Computershare was uniquely placed to provide
ResMed with a team that brings a significant track record of experience and expertise in
managing the complex global requirements associated with cross-border corporate actions.
Engaging Computershare as a fully integrated global service provider immediately allowed
ResMed and its investors to enjoy the full benefits of accessing a global service platform,
Global Register™. Global Register™ delivers an integrated registration service spanning
multiple markets; providing ResMed with the convenience of local relationship experts and
global comprehensive and consolidated reporting and enquiry access across two registers.
Market participants would benefit from being able to submit instructions via xSettle™,
a convenient online portal within Global Register™. xSettle™ is a cross-border service
designed to accelerate the transfer of securities between markets, enabling global capital
market participants to meet their trade settlement deadlines.
BENEFITS
Computershare provides all of ResMed’s registry services across the U.S. and Australia,
allowing their dividend payments and AGM activities to be coordinated in the most time
and cost efficient manner. We were able to provide all the on the ground US tax expertise
necessary to assist ResMed with its maiden dividend payment, and collate and process US
tax forms across the two registers.
The entry of ResMed’s securities into xSettle™ has reduced the end to end completion
timing for cross-border movements, enabling participants to move their holdings between
the U.S. and Australian registers within 24 hours. Unique to Computershare and backed by
our Global Transaction team, xSettle™ is a service very familiar to the global settlement
community; there is reduced risk of not having securities to settle trades on settlement date
and it opens potential arbitrage opportunities for market participants.
Global Issuer Online provides ResMed access to consolidated reporting for its U.S. and
Australian registers. Eliminating the duplication of both standard and ad hoc reporting and
providing greater clarity and transparency of shareholder information and activity.
https://www.computershare.com/au/business/global-markets/move-securities-across-borders-rapidlyGLAH
