ABB reduces MAR administrative work by 40% with InsiderLog

Managing restricted employees and closed periods

ABB’s insider trading policy defines two main groups of restricted employees:

• The first is based on job grade, with HR informing the legal function when someone needs to be added.

• The second covers employees with access to specific financial systems and tools, with this input coming from the teams responsible for granting access.

InsiderLog is the sole platform ABB has been using to manage its insider lists for six years. The platform acts as a central repository for ABB’s record of restricted employees and to handle the opening and closing of trading windows so that relevant employees understand when closed periods on trading in ABB’s shares begin and end.

At the beginning of each year, Ylenia Fuligni prepares a schedule based on ABB’s financial reporting calendar. InsiderLog then sends the relevant reminders automatically using a template that she can customise. Ylenia Fuligni said:

“InsiderLog’s most useful feature for me is the automated scheduling of reminders when trading windows open and close. This has saved me so much time and ensures that all parties understand when they are able to carry out trading or not.”

Supporting ABB with event-based insider lists