Equiniti supports Visa Europe on its 18.25bn euro acquisition by Visa Inc

Mon 27 Jun 2016

EQ's paperless document processing and international payments technology utilised

Equiniti has provided Visa Europe with share registration services for over ten years. In this transaction, Equiniti provided digital support for the processing of legal documentation, via a secure portal, and managed the cash payment, on completion, of over €12Bn.

This complex transaction was completed using Equiniti’s proprietary paperless document processing and international payments technology. These services offer significant logistical, environmental and cost benefits. They demonstrate Equiniti’s ability to provide secure, flexible and timely technology solutions in both the legal and payments elements of a transaction.

Guy Wakeley, CEO of Equiniti, commented: “Visa Europe is an important long-standing client and we were pleased to be able to support them on this complex transaction, by bringing together expertise from across the Equiniti Group. We see fully digitised corporate actions support as an important progression as we move towards real-time hyperconnected markets.”

ENDS


For further information please contact:

Alex Child-Villiers / William Barker
Temple Bar Advisory
Tel: +44 (0) 20 7002 1080
Email: alexcv@templebaradvisory.com / williamb@templebaradvisory.com

Notes to Editors:  About Equiniti 

Equiniti is a specialist outsourcer delivering technology-enabled solutions to large enterprises. It processes £90bn in payments every year, handles 88 million documents and pays 20 per cent of pensioners in the UK. We are acknowledged leaders in many of our markets and keep things running smoothly for some of the UK's best-known brands and public sector organisations.