Product

About the OptionTrax By Empower

OptionTrax By Empower is an advanced, cloud-based equity compensation and plan administration platform, acquired by Empower in 2024. The platform delivers end-to-end equity management features for both private and public companies, serving employers with over $62B in managed equity compensation. OptionTrax provides plan design, document management, grant and vesting schedules, multi-award coverage (options, RSUs, SARs, performance, phantom, warrants, ESPPs), secure trading and settlement, automated tax and compliance workflow, Black-Scholes and intrinsic valuation, robust audit and compliance tracking, as well as cap table modeling and online grant processing. The platform is lauded for ease of use, flexible configurability, and real-time reporting and analytics. Post-acquisition, OptionTrax is now integrated into Empower's digital workplace benefits suite while remaining available as a standalone equity plan platform.