DUBAI, UNITED ARAB EMIRATES--(NewMediaWire - Dec 2, 2015)
- Global Equity International,
Inc. (OTCQB: GEQU)
and its fully-owned subsidiary Global Equity Partners
Plc. ("GEP" - www.gepartnersplc.com), a specialist
consultancy firm with offices located in Dubai and London, are
extremely excited to announce that on November 30,
2015, Quartal Financial Solutions
AG ("Quartal" / "Company" - http://www.quartalfs.com/en/home), a Zurich -
Switzerland based Financial Technology Company, signed a
consultancy agreement with Global Equity Partners Plc. to assist
with the restructuring of the Company and ultimately the listing of
its common shares on a US Stock Exchange.
Quartal is a market leading Financial Technology software
company providing specialised financial solutions to the global
financial and insurance industry. Their suite of products focus on
complex fee billing, revenue, commission, expense management and
sophisticated high end reporting for global asset managers, banks,
brokers, custodians, fund administrators, insurance companies,
transfer agents and capital market firms.
The Company was founded in 1999 and has established, over the
years, a clear market leadership in fee and commission management
by offering highly professional state of the art workflow-based,
STP-enabling software products that cover the regulatory,
functional and technical requirements for a touchless,
exception-based process. This solution paradigm shift is
significant and will support the constantly growing relationship
with their global blue chip client base including, but not limited
to, HSBC, UBS, Brown Brothers Harriman, Credit Suisse, Schroders
Investment Management, Societe General, and Commerzbank. Quartal
currently services more than 30 clients in 13 countries across
Europe, the United States, and the Asia-Pacific region.
Headquartered in Zurich, Switzerland and with offices in London and
Frankfurt, the company is now perfectly positioned to take
advantage of its market leadership and its expanding prospects
pipeline to scale its operations globally into the United States
and the Financial markets of Asia and Australia.
As part of the fee structure, Quartal Financial Solutions A.G.
has agreed to issue Global Equity Partners Plc. 5% of the company's
issued and outstanding common shares on or before December 31,
2015.
Patrick V. Dolan, Managing Director of Global Equity
International, Inc., said, "We are delighted to
have signed an agreement with Quartal Financial Solutions AG. The
Swiss have a reputation for engineering excellence and precision
and Quartal is no exception. Their blue chip client list is
testament to their professionalism as a management team and to the
financial software they have produced. Switzerland is a globally
recognised financial centre and the expertise and deep knowledge of
the region has contributed to the accuracy and reliability of their
solutions. Quartal are now ready to expand their operations
commercially deep into the US and Asian financial sectors. We, GEP,
will be assisting Quartal's management team to develop and achieve
a capital raising strategy and ultimately a public listing
commensurate with the extensive opportunities that are already
presenting themselves to the company in the global financial
markets."
Thiery Zuppinger, CEO of Quartal Financial Solutions
A.G., said, "We are delighted to have found a
very solid and professional partner with GEP that will guide us
through the listing process. We operate in a highly attractive
niche market and our products have attracted the attention of
numerous investors in the last couple of months. Having built a
strong product and customer pipeline, listing Quartal on a US stock
exchange will provide an excellent opportunity to accelerate our
international expansion and extend our global reach."
About Global Equity International, Inc.
Global Equity International, Inc., through its wholly-owned
subsidiary Global Equity Partners Plc., advises worldwide business
leaders with their most critical decisions and opportunities
pertaining to growth, capital needs, structure and the development
of a global presence. With offices in Dubai and London, Global
Equity has developed significant relationships in the US, UK,
Central Europe, the Middle East and South East Asia to assist
clients in realizing their full value and potential by bringing
them to external capital and resources that place an emphasis on
collaborative thinking. Furthermore, because Global Equity has
offices in key financial centres of the world, they are able to
introduce their clients to a unique opportunity of listing their
shares on any one of the many stock exchanges worldwide. Global
Equity Partners holds significant long-term equity positions in the
companies that it represents.
Safe Harbour Statement
This press release may include forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements related to anticipated revenues,
expenses, earnings, operating cash flows, the outlook for markets
and the demand for products. Forward-looking statements are no
guarantees of future performance and are inherently subject to
uncertainties and other factors which could cause actual results to
differ materially from the forward-looking statements. Such
statements are based upon, among other things, assumptions made by,
and information currently available to, management, including
management's own knowledge and assessment of the Company's industry
and competition. The Company refers interested persons to its most
recent Annual Report on Form 10-K and its other SEC filings for a
description of additional uncertainties and factors, which may
affect forward-looking statements. The company assumes no duty to
update its forward-looking statements.