Legado communication platform expands its presence in the UK financial services industry

Legado Extends Reach in UK Financial Services Sector with Quilter Among Business Wins

Legado, a communications platform based in Edinburgh, is making waves in the UK financial services sector with recent business wins including FTSE 250 wealth manager Quilter. The company, which specializes in streamlining processes and improving customer communications, has seen significant growth this year.

Quilter, a major investment services provider with nearly £120 billion in assets under management, is just one of the high-profile clients that Legado has secured. The company has also expanded its reach by partnering with FNZ, a global wealth management platform, and has several contract awards in the pipeline for the coming months.

Research commissioned by Legado and FNZ revealed that 88% of advisers struggle with outdated communication practices, leading to missed client opportunities. In response to this need, Legado has developed two main products: the ‘Interactive Hub’ for digital customer interactions and the ‘Digital Vault’ for secure and personalized communication channels.

CEO and founder Josif Grace emphasized the importance of helping organizations transition to more secure and efficient communication methods, highlighting the benefits of reducing operating costs and complexity. With a focus on sustainability, Legado’s paperless processes align with increasing ESG requirements and offer a more environmentally friendly solution for businesses.

Supported by investments from FNZ and Souter Investments, Legado has doubled its headcount to over 30 employees in 2023 to keep up with its rapid growth. CEO Grace, who previously worked in Silicon Valley, is optimistic about the company’s future and the potential for further expansion within the financial services industry.

With a strong focus on innovation and enhancing client experiences, Legado is poised to become a leading player in the digital communication space, offering tailored solutions for both large financial institutions and smaller businesses looking to transform their client interactions. The company’s partnership with FNZ underscores its commitment to leveraging technology for secure and efficient solutions in the financial services sector.

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