Moneyhub partners with Legado for secure Digital Vault storage

6th October 2021

Moneyhub partners with Legado for secure Digital Vault storage

Moneyhub, the market-leading Open Banking and Open Finance data, intelligence and payments platform, is partnering with Legado, Open Document and Life Planning FinTech provider, to provide Legado’s encrypted personal Digital Vault services to Moneyhub’s clients.

 

Wealth management and pension clients that send out millions of account statements and policy documents to their customers each year by post, can now send the documents securely and electronically via Moneyhub. Legado’s pioneering digital vault solution will be embedded into the Moneyhub platform providing an ordered and secure location for holding customers' annual statements, life insurance policies, pension and mortgage statements and other important documents.

 

Customers of clients that use the Moneyhub platform to gain complete visibility of their finances will now be able to store documents related to their transactions, investments and savings, as well as other personal documentation and plans. By holding all their statements from different providers and products in one place, consumers can get a clearer picture of their financial histories and plan for the future.   

 

The collaboration will also enable people to securely share documents and information with selected third parties, such as advisers, friends and family, ensuring individuals and businesses have the right information at the right time. Each user  will receive their own personal, portable and access-controlled vault, with features including after-death sharing and data integrations. 

 

Legado is backed by UK insurer M&G and Edinburgh-based global platform-as-a-service provider FNZ. 

 

Sam Seaton, CEO of Moneyhub said: “As an Open Finance and Open Banking leader, Moneyhub truly is a hub for money, offering connections to pension and wealth management accounts, banking, insurance and investment, and more. And one thing all the various account types have in common is paperwork, which is why we have partnered with Legado to offer our clients a market-leading digital vault solution.” 

 

Josif Grace, CEO & Founder of Legado said: “As two technology leaders focused on helping businesses create exceptional digital experiences and consumers better prepare for the future, this partnership made a lot of sense. We are delighted to be working with the team at MoneyHub to create a world-class proposition.”



Ends

About Moneyhub


Moneyhub is the leading Open Banking and Open Finance platform that uses the power of data, intelligence and payments to enhance the lifetime financial wellness of people, their communities and their businesses. Moneyhub’s APIs and white label solutions help businesses - both within and outside of financial services - drive customer engagement through hyper-personalised experiences.

Leading the way in Open Finance since 2014, Moneyhub is authorised as AISP and PISP by the FCA, ISO-27001 certified, co-founder of FDATA and works on the Pension Dashboard and TISA Open Savings, Investment and Pension (OSIP) steering committees to put the power of data into the hands of those who own it: the consumer.

For more details, please visit https://www.moneyhubenterprise.com/


About Legado

Legado has developed a life planning platform – focused on eliminating fragmentation of personal data and files across enterprises (utilities, banking, insurance, pensions, etc.), improving ownership of data by consumers, and streamlining corporate processes (e.g. account opening, change of address, change of provider, bereavement, divorce, marriage, etc).

The digital vault and planning experience intelligently connects data, services and the network of people involved with personal planning and key life moments, utilising consent-driven principles and open architecture.

Legado is available to professionals, corporates and consumers and can be used at any time, however, can be particularly useful during key life moments and stages.

For more details, please visit www.joinlegado.com