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Platform Transformation Programme – Soft Launch Phase Commences
QUILTER PLC
(previously, Old Mutual Wealth Management Limited)
Incorporated under the Companies Act 1985 with registered number
06404270 and re-registered as a public limited company under the
Companies Act 2006)
ISIN CODE: GB00BDCXV269
JSE SHARE CODE: QLT
Quilter plc (the "Company")
4 February 2019
Quilter plc
Platform Transformation Programme – Soft Launch Phase Commences
Quilter plc (the “Company”) today announces an update on the progress of the UK Platform
Transformation Programme.
The Company is pleased to announce that the programme has now begun its soft launch phase
in line with the expected timetable. This important phase allows for the verification of the new
platform technology in a live environment. Soft launch is for selected staff and will allow the
Company to further validate system functionality, processes and controls. Activity has begun on
a limited basis and will expand further over the next few months ahead of a controlled, phased
migration of the existing book.
The Platform Transformation Programme continues to make good progress. A further update
will be provided with the Company’s full year results.
Paul Feeney, CEO, comments:
“I am pleased that we have reached our soft launch phase which is an important
milestone. The high quality delivery of this programme remains of utmost importance to us and
we continue to prepare detailed migration plans to ensure customers and advisers remain well
supported throughout the transition period.”
- ends -
Enquiries:
Investor Relations:
John-Paul Crutchley +44 (0)20 7002 7016
Media:
Jane Goodland +44 (0)77 9001 2066
Tim Skelton-Smith +44 (0)78 2414 5076
Camarco
Geoffrey Pelham-Lane +44 (0)20 3757 4985
Aprio (South Africa)
Julian Gwillim +27 (0)11 880 0037
JSE Sponsor – J.P. Morgan Equities South Africa (Pty) Ltd
About Quilter plc:
Quilter plc is a leading wealth management business in the UK and internationally, helping to
create prosperity for the generations of today and tomorrow.
Quilter plc oversees £118.1billion in customer investments (as at 30 September 2018).
It has an adviser and customer offering spanning: financial advice; investment platforms; multi-
asset investment solutions and discretionary fund management.
The business is comprised of two segments: Wealth Platforms and Advice and Wealth
Management.
Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International,
including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance
business. Advice and Wealth Management encompasses the financial planning network,
Intrinsic; Quilter Private Client Advisers; discretionary fund management business, Quilter
Cheviot; and Quilter Investors, the Multi-asset investment solutions business.
The Quilter plc businesses are being re-branded to Quilter over a period of approximately two
years:
• The Multi-asset business is now Quilter Investors
• Intrinsic to Quilter Financial Planning
• The private client advisers business is now Quilter Private Client Advisers
• The UK Platform to Quilter Wealth Solutions
• The International business to Quilter International
• The Heritage life assurance business to Quilter Life Assurance
• Quilter Cheviot will retain its name.
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