Administration

We provide comprehensive administration of incentive compensation Plans, and work closely with the Fund administrator to provide a seamless integration of Fund and Plan administration. Optlink®, our proprietary Web application, fully automates Plan administration and provides Investment Managers, their Partners and employee Participants, and Investors with 24/7 access to account information. Participants may also call or email our client services professionals for assistance.

Optlink® is flexible and scriptable to most any combination of Plan provisions, including fixed or variable strike prices, service schedule vesting or class year vesting, exercisability periods and fixed or cascade style payment dates. It also automates the administration of “back-to-back” Plans to ensure proper coordination and timing of payments. Automation also ensures the operation of the Plan conforms to the Plan provisions, thereby ensuring compliance with U.S. tax laws and avoidance of penalties.

Our Client Services Group

SAS 70 (Type II)
Our Client Services Group

Mary Cameron, Chief Client Services Officer -- Ms. Cameron joined the Company in 2004. She is responsible for managing the client support group whose functions include transaction execution, fund research, and report preparation. She is also responsible for business analyst and compliance functions as well as plan conversions and implementations. Ms. Cameron brings to the Client Services Group a varied background in education and healthcare as well as more than 15 years of experience in the securities industry to include an Administrative Associate position with Merrill Lynch. Ms. Cameron graduated from Wilson College.

Steven White, MBA, Chief Information Officer -- Mr. White joined the Company in 2008. He is responsible for managing the Technology Services Group (TSG). Prior to joining the Company, he was a Director of Information Technology with Hanesbrands, Inc. and a Vice President of Information Technology with Sara Lee Corporation. Mr. White has also held significant leadership and project management roles with Accenture and Empower Solutions. He has a BA from Davidson College and MBA from the University of North Carolina at Chapel Hill.

Miles Simpson, Client Relationship Manager -- Mr. Simpson joined the Company in 2002. He is responsible for client support, implementation, and data reconciliation. Mr. Simpson graduated from the University of North Carolina at Chapel Hill with a BA in Economics and a BA in Management and Society. In addition, Mr. Simpson is a licensed life and health insurance agent and holds a Series 6, 7, and 63 securities license.

Cara Lindner, Client Services Representative -- Ms. Lindner joined the Company in 2008. She is responsible for client support, including transaction execution, fund research, report preparation and testing efforts. She brings to the Client Services Group over 8 years experience in the banking and securities industry. She graduated cum laude from Western Carolina University with a BS in Business Administration. Ms. Lindner holds her Series 7, 66 & 24 Securities Licenses.

Esther Ungerer, Client Services Representative -- Ms. Ungerer joined the Company in 2007. She is responsible for day-to-day client support and administration. Ms. Ungerer has worked in the legal and administrative field for more than 15 years, most recently as a Paralegal for the Law Office of Marlaine C. Teahan. Ms. Ungerer graduated from the University of South Africa (UNISA), with a B. Proc. and LLB (law degrees).

Karol Ehrhart, Client Services Representative -- Ms. Ehrhart joined the Company in 2006. She is responsible for day-to-day client support and administration. Ms. Ehrhart attended High Point University and worked in the mortgage industry for 20 years as a loan officer.

Kathy Segodnia, Executive Assistant -- Ms. Segodnia joined the Company in November of 2009. She is responsible for administrative support for the sales & marketing group. Ms. Segodnia, a graduate of Michigan State University, worked for many years as a tax paralegal, employee benefits specialist and self-employed public relations/marketing consultant.

Brett Glovier, Chief Software Architect & Application Technical Leader -- Mr. Glovier joined the Company in 2001. His primary responsibilities include design, development, maintenance and support of Optlink®, defining development guidelines and standards, database administration, mentoring other team members, and performing code reviews. He has more than 22 years of experience in applications architecture. Mr. Glovier attended Wake Forest University for two years before transferring to the University of North Carolina at Charlotte, where he graduated magna cum laude with a BS in Computer Science. He has held numerous professional certifications in his field, including that of Microsoft Certified Solutions Developer and Microsoft Certified Trainer.

Kopal Rawat, Senior Application Developer -- Ms. Rawat joined the Company in 2006. She is responsible for development and maintenance of the Optlink database, website and desktop application. She also provides technical support and training for new IT employees. Ms. Rawat has 7 years of IT experience in design and development of web and desktop applications using Classic ASP, SQL Server and VisualStudio.NET. A graduate of Hitkarini College of Engineering and Technology, Ms. Rawat received an MS in Computer Science and a graduate certificate in Advanced Databases and Knowledge Discovery from the University of North Carolina at Charlotte.

Sumeet Jain, Senior Application Developer (Security Architect) -- Mr. Jain joined the Company in 2010. He is responsible for designing, developing and integrating system components. He has an MS in Computer Science from UNC Charlotte and a Master of Computer Application degree from India. Prior to joining the Company, he worked as a Lead Database/Data warehouse developer at The University of North Carolina at Charlotte.


 
SAS 70 (Type II)

For the past five years, Optcapital has earned a SAS 70 (Type II) certification of its administrative systems, processes and controls.  Issued under guidance established by the American Institute of Certified Public Accountants (AICPA), the SAS 70 audit means that the Company's operational processes and controls have passed rigorous third party tests with regard to security, reliability and consistency.  The audit encompasses detailed inspection of the Company's internal controls, physical and electronic security, disaster recovery planning, networking redundancies, client administration and customer service. Widely recognized as the benchmark against which service providers report control activities and processes to customers and auditors, the SAS 70 Type II validates the Company's commitment to providing secure and accurate administrative services.

The requirements of Section 404 of the Sarbanes-Oxley Act of 2002 increase the importance of a SAS 70 audit as a means to demonstrate effective control processes over information systems.  The Company's clients can leverage our audit to support their own Sarbanes-Oxley reporting requirements.

Key elements of the SAS 70 Type II Certification include:
  • Integrity and Ethical Values
  • Commitment to Competence
  • Efficient Organizational Structure
  • Client Control Consideration
  • System Development, Maintenance and Documentation
  • Disaster Recovery
  • Employee Communication