About Sapphire Capital Partners
Sapphire Capital Partners LLP is an FCA-authorised and regulated investment manager that provides tailored financial services to meet the diverse needs of its clients. Based in the UK, Sapphire works with various Appointed Representatives (ARs) who rely on the firm’s permissions to conduct financial promotions in full compliance with regulatory standards.
THE CHALLENGE
Managing Enhanced Oversight
Sapphire Capital Partners faced increasing challenges in monitoring the activities of their ARs and Approved Persons. The FCA’s heightened oversight and reporting obligations added complexity to their compliance processes. To ensure efficient operations and maintain full compliance, Sapphire sought a solution that could centralise their compliance activities and reduce administrative burdens.
THE SOLUTION
Centralised Compliance Management
Sapphire Capital Partners partnered with Leo RegTech to address their challenge. Leo’s user-friendly design and robust features provided a solution that aligned with the firm’s requirements for oversight and reporting. Bronagh Duggan, Senior Manager at Sapphire Capital Partners, explains:
“Our primary use of the platform is for monitoring our ARs and ensuring their activities align with FCA regulations, particularly regarding financial promotions. Additionally, we rely heavily on Leo for compliance reporting, as the platform simplifies the process, making it far more efficient and accurate.”
THE BENEFITS
Efficient Compliance and Reporting
By implementing Leo RegTech, Sapphire Capital Partners significantly improved its compliance management capabilities. The platform enabled the firm to centralise records and automate key compliance tasks, resulting in time savings and reduced manual effort. Bronagh notes:
“Leo has significantly reduced the time spent on administrative tasks, such as chasing down documents or retrieving historical records. The platform’s neatly segregated structure allows us to quickly access information, from GDPR to AML to AR activities, cutting down on manual work and streamlining our workflows.”
The ability to access updated templates ensured that Sapphire remained aligned with regulatory changes without the need for constant manual updates.
THE ONBOARDING
Customised Solutions, Seamless Transition
For Sapphire Capital Partners, transitioning to Leo’s platform was a smooth process, even with the need for customisation to fit their niche requirements. The intuitive nature of the platform and the responsive support team made the setup and customisation process efficient and straightforward. Bronagh shares:
“Given the niche nature of our business, we required modifications to templates and custom modules to better fit our operations. While there was a learning curve, the platform itself is intuitive and user-friendly. The Leo support team has been incredibly responsive, typically resolving any issues or requests within a day or two, which made the customisation process smooth.”
A Trusted Compliance Partner
Through their partnership with Leo RegTech, Sapphire Capital Partners has strengthened its compliance processes, achieving both efficiency and accuracy in regulatory oversight. The ability to automate tasks, centralise records, and customise solutions has enabled Sapphire to focus on delivering exceptional investment management services, confident in their compliance position. Bronagh concludes:
“Before choosing Leo, we evaluated several other platforms, but ultimately found Leo to be the best fit for our needs. One of the key factors in our decision was the level of customisation it offered. Being able to adjust templates and modules on our own, without needing to rely on customer support for every change, has been invaluable. It gives us the flexibility and control we need to operate efficiently.”
By automating key processes and centralising compliance activities, the firm has strengthened its regulatory oversight while reducing administrative burdens. With responsive support and a user-friendly platform, Sapphire continues to operate confidently in a complex regulatory environment. Leo has proven to be a trusted partner, empowering Sapphire to focus on delivering exceptional investment services.
