Company Research Report: Seccl Technology Limited
Company Overview
- Name: Seccl Technology Limited
- Mission: To build technology that helps more people to invest – and invest well.
- Founded: June 16, 2016
- Key People:
- Ruth Handcock, Chair
- David Ferguson, Chief Executive Officer (CEO)
- Kirsty Lynagh, Portfolio CPO
- Alex Henderson, Chief Risk Officer (CRO)
- James Holmes, Chief Commercial Officer (CCO)
- Tom Harris, Chief Technology Officer (CTO)
- Prerna Goel, Chief Operating Officer (COO)
- Headquarters: 20 Manvers St, Bath, BA1 1JW, England, United Kingdom
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Embedded investment platform technology and FCA-regulated custody services.
Products
- Embedded Investment Platform:
- A modern investment infrastructure allowing companies to launch investment platforms swiftly.
- Key Features:
- Regulated custody services
- Digital tax wrappers including ISA, JISA, and SIPP
- Client onboarding and management tools
- Integration capabilities via an API
- Custody and Investment Tech:
- Seccl acts as a custodian, safeguarding client cash and assets with a focus on efficiency and scalability.
- Key Features:
- UK-based custody services
- Trading and settlement solutions
- Integrated investment tech for platform operations
- Digital Portals:
- User-friendly portals for advisers and clients promoting a paperless investment journey.
- Key Features:
- Customizable branding options
- Integration with existing CRM systems
- Automated and efficient administrative processes
Recent Developments
- New Products/Features:
- Launch of a fully automated, paperless drawdown SIPP (July 2023).
- Launch of accumulation pension products and successful client migrations (September 2022).
- Recent Partnerships and Expansion:
- Acquisition by Octopus, further propelling growth and backing with a £multi-billion group (September 2019).
- Opening of a new Northern HQ in Edinburgh (July 2023).
- Other Developments:
- Achievement of B Corp certification recognizing ethical and sustainable business practices (July 2024).
- New leadership appointments, including Prerna Goel as COO and Tom Harris as CTO (2024).
Conclusion
Seccl Technology Limited is a disruptive force in the investment technology and custody services sector. Through innovative products and a mission to democratize investment, Seccl, backed by Octopus, is well-positioned to enhance the investment journey for modern financial services. The company's commitment to continuous improvement and customer-centric solutions is evidenced by its technological advancements and strategic growth initiatives.
