A main driver is understood to be Consumer Duty rules introduced by the Financial Conduct Authority which sets a standard of care that firms should give retail consumers. The duty is designed to ensure consumers understand what that they are signing up to, receive appropriate support and are not subject to avoidable harms.
Compliance with money laundering regulations is also a driver behind the partnership, which brings together Amiqus’s reusable digital identity and anti-money laundering capabilities with Legado’s regulated communications and electronic signature platform.
Identity verification software specialist Amiqus was set up by Callum Murray in 2015. It provides encrypted online tools that allow law firms, wealth managers, accountants, estate agents, and letting agents to conduct anti-money laundering, identity, and compliance checks.
The company, which is chaired by former Standard Life chief executive Sandy Crombie, said it has now completed more than four million “compliance journeys” across a raft of sectors, helping hundreds of regulated firms make compliance simpler, faster, and repeatable for millions of people across the world.
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Legado was founded in 2018 by former Silicon Valley technology start-up specialist Josif Grace, who returned to Scotland after serving as chief of staff at RocketSpace, the technology campus in San Francisco that helped incubate tech giants such as Airbnb, Uber, and Snapchat. It allows regulated firms to send, store, sign, and evidence documents and communications in one place through its LegadoSign product. Legado now has around half a million users following strong growth in 2025 as the financial services sector moved to build more digital infrastructure.
Both Amiqus and Legado were founded in the Scottish capital and share a client base which includes Virgin Money, FNZ, Quilter, Scottish Building Society, Moneyhub, and Co-op Legal Services. The two firms are also understood to have a growing presence in international markets.
The companies say the result of their collaboration will be “seamless, connected, compliance-driven client workflows – from verifying identity biometrics, to collecting, signing and evidencing documents – in one auditable journey”.
They note that the partnership is designed to support a range of regulated workflows, including investor, customer, and adviser onboarding, account opening, trust and beneficiary documentation, pension and investment instructions, consent forms, and any regulated document where firms need a clear, auditable record. Legado’s LegadoSign product will be fully integrated into the Amiqus platform as part of the partnership.
Mr Murray, chief executive of Amiqus, said: “Josif and his team had the foresight to recognise the regulatory shift in how financial institutions meet consumer duty obligations with client communications, now seen as regulated infrastructure by boards and exec teams, central to governance and operational resilience.
“Our reusable identity wallet is perfectly aligned with their embedded digital signature product and with FNZ as a shared client and platform, there’s a huge amount of value we can jointly deliver to their client base, supporting seamless and embedded investor onboarding experiences.”
Mr Grace, chief executive of Legado, said: “Amiqus has been a peer with us amongst scale-ups based in Edinburgh and connected via Fintech Scotland for more than a decade, and they are ahead of the curve in areas like AML (anti-money laundering).
“We can’t wait to begin working with Callum and his team on strategic opportunities that will benefit both companies and provide significant shared value for our clients.”
Niall Monteith, head of UK proposition at FNZ, said: “There are few processes as important as onboarding a new customer in financial services, balancing a truly frictionless experience with the highest standards of compliance and oversight. Having worked with both Amiqus and Legado through the FNZ venture partnership, I have seen first-hand the impact of their solutions.
“Together, they bring a compelling combination of capabilities across identity verification, AML, regulated communications, and electronic signing. I’m excited to see how this collaboration develops to deliver a more innovative, integrated approach to onboarding, verification, and document completion for regulated firms across the UK.”
