Yealand signs long-term wealthtech deal with ZILO

By Parth Prabhudesai

Yealand Fund Services, an independent authorised corporate director (ACD), has entered into a long-term strategic partnership with UK-based WealthTech firm ZILO to modernise its transfer agency operations.

Under the agreement, Yealand will implement ZILO’s Global Core Platform to strengthen its operational infrastructure and enhance its transfer agency capabilities as the business expands.

The platform is expected to improve investor servicing, reporting tools and support for more scalable and complex fund structures. Yealand said the move reflects its broader strategy to build a stronger transfer agency proposition within the UK funds market.

Chris Northwood, co-founder and chief revenue officer at ZILO, said, “Our Global Core Platform is a natural choice for independent ACDs and administrators looking to deliver a consistent, high-quality experience for investors across multiple jurisdictions.”

He added that transfer agency is becoming an important area of differentiation for investment managers and that ZILO is well positioned to help firms transition from legacy systems to more flexible and scalable technology platforms.

Rob Leedham, chief executive officer of Yealand, said the partnership marks an important step in the firm’s growth strategy.

“As an independent ACD, we are focused on building a business that can scale without compromising on service or oversight. Investing in ZILO’s platform allows us to enhance our transfer agency capability and improve the investor experience,” Leedham said.

He added that the investment reflects Yealand’s long-term commitment to innovation and operational flexibility amid increasing complexity in the ACD market.