Asian Spectator

Asian Magazine

Shaparency launches to enable businesses to go fully digital

  • Written by Marion Barnham



New venture developed for post-Covid-19 corporate landscape

London-based start-up Shaparency, which has been established in response to the business conditions resulting from Covid-19, announces the launch of its board and shareholder management platform, helping businesses digitise governance and shareholder relations. The platform will increase the efficiency and effectiveness of board and shareholder operations to save time and money and to improve governance and the shareholder experience.

Shaparency has been designed from inception to reflect the circumstances and likely long-term shifts brought about by Covid-19, to enable businesses to digitally engage with their shareholders in an environment where social distancing and shielding of vulnerable individuals is commonplace.

Founded by Australian entrepreneur Ben Nowlan, Shaparency uses blockchain technology to provide an integrated digital platform through which businesses can remotely run board meetings and shareholder Annual General Meetings (AGMs), store governance documents, minutes and contacts, and manage shareholder relations.

Only 15% of corporate boards globally use digital management platforms as, to date, the costs of doing so have been prohibitive and board members have not shown technology readiness. Shaparency offers a highly competitive SaaS model which will enable boards, from SMEs and charities to multinationals, to better adapt to the new environment, increase efficiency, improve transparency and finetune governance.

The service will also transform shareholder experience and, engaging shareholders more personally and seamlessly than before. The platform will allow boards to communicate securely with shareholders, providing a portal for them to access company reports and minutes, vote, join meetings, and chat with others.

Board and shareholder meetings often have a significant environmental impact as a result of long-distance travel AGMs and the vast quantity of documents printed. Shaparency reduces the need for physical meetings by offering a virtual alternative and eradicates the need for print outs.
Shaparency is also committed to supporting boards in becoming greener. For the equivalent of every tree saved by not printing documents (8333 pieces of paper) Shaparency plants a tree. Companies can clearly see the impact which their switch to digital has had on the environment on the Shaparency dashboard.

Ben Nowlan, founder, said: “Over the past three months, we’ve seen the biggest shift in working practices for decades. Businesses are having to adapt to new ways of communicating and collaborating. Many of these new practices are here to stay. Business leaders are finally being given the push they need to transition to automated operations to build reliable, secure and transparent company governance structures.

“Even before the global pandemic, there was no need for governance and board activities to be so manual and rely on physical interaction to take place physically or behind closed doors. We have the technology to take all meetings, document storage and shareholder communications online, allowing for better and easier governance, greater transparency and less waste in the form of less travel and fewer documents being printed. Hopefully, our ‘new normal’ will help business leaders realise this more clearly and make the transition to fully automated governance.”

Other solutions of the platform include secure voting – all votes can be run directly from the platform and proxy votes can be collected securely and efficiently; creating a global task board; digitally signing document signings, cloud document storage and storing in a cloud location; email and calendar integration; document templates; and hosting and managing board and shareholder meetings in one portal from anywhere in the world.

X Display Company to Present at DisplayWeek 2020

RESEARCH TRIANGLE PARK, North Carolina, Aug. 4, 2020 /PRNewswire-AsiaNet/ -- -- Creating MicroLED Displays for Mass ProductionX Display Company (XDC), a leader in MicroLED displays, announce...

Announcing World Food Travel Market

LONDON, Aug. 4, 2020 /PRNewswire-AsiaNet/ -- -- New online marketplace revolutionizes the culinary travel trade businessToday the World Food Travel Association (WFTA) announced the launch of...

Xinyi Glass Announces 2020 Interim Results

Business Remains Resilient Amid Challenging Market EnvironmentNet Profit at HK$1.38 BillionMaintains High Dividend Payout Ratio Interim Dividend at 17.0 HK Cents per SharePrepares for I...

Tile(TM) and Skullcandy Create Most Advanced True Wireless Fin...

SYDNEY, Aug. 4, 2020 /PRNewswire-AsiaNet/ -- -- Tile(TM) Makes Skullcandy Earbuds Findable Even When in Charging Case, Offers Support of Global Finding Network When Lost Tile ( https://c212...

GSB Gold Standard Corporation, Josip Heit and the Blockchain Technology



HAMBURG, GERMANY - NEWSAKTUELL - 3 Aug 2020 - The blockchain technology is one of the most discussed innovations of the digital transformation of economy and society, which is...

Shanghai Electric has been awarded EPC contract for 5th phase ...

SHANGHAI, Aug. 3, 2020 /PRNewswire-AsiaNet/ Shanghai Electric Group has been appointed by ACWA Power of Saudi Arabia, as the Engineering, Construction and Procurement (EPC) contractor, to de...

Magazine

Australian startup CareApp receives funding injection to expand app

Australian based startup CareApp has recently raised over $500,000 in funding including $250,000 provided by the South Australian State Government to rapidly expand and scale up their smartphone...

Shaparency launches to enable businesses to go fully digital

New venture developed for post-Covid-19 corporate landscape London-based start-up Shaparency, which has been established in response to the business conditions resulting from Covid-19, announces ...

Specops Significant Cyber Attacks

The prevalence and severity of cyber attacks are increasing at an alarming rate every year. So much so, that statistics from Cybersecurity Ventures estimate that cybercrime will cost the global ...



News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion

office@NewsCompany.net