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Burges Salmon guides Wealthtime through innovative business transformation with 10-year partnership with Wipro and GBST

Picture of Martin Cook
By Martin Cook
3 Jul 2025 3 min read

We have advised Wealthtime, the adviser-focused platform business within The Quanta Group – one of the UK’s leading wealth management groups – on the creation of a three-way, 10-year strategic partnership with Wipro and GBST. The partnership delivers a market-leading, digital-first platform and innovative customer-centric service offering.

Under the agreement, Wipro, a leading technology services and consulting group, and GBST, Wealthtime’s global technology partner for the last 15 years, will adopt a joint co-delivery model to deploy end-to-end platform services. The move supports the platform business’ long-term growth ambitions, bringing its services together under one brand on a significantly enhanced platform. New features and extensive automation that enrich the experience for Wealthtime’s 74,000 clients and reduce manual input, enabling advisers to focus on higher value work, and generate more in-depth insights for their customers.

The agreement also sees the platform business’ Operations and Technology & Change functions transfer to Wipro’s newly established UK centre of excellence for business processing. This shift will allow Wealthtime to leverage Wipro’s advanced technology and substantial AI experience to continually improve service standards and customer experience.

Burges Salmon’s cross-disciplinary Financial Services team advised Wealthtime, providing technology, commercial, corporate, employment, tax, real estate and financial regulatory expertise, with a 14-strong team led by technology partner and Head of Financial Services Martin Cook and senior associate Justin Barrow.

“With Wealthtime managing over £12 billion in assets and with exciting plans ahead, this partnership is a strategic turning point for The Quanta Group, transforming and enriching its client proposition and supporting its upward growth trajectory. It has been a pleasure working with the entire Wealthtime team and its stakeholders as it pioneers its innovative business transformation alongside its new and existing business partners. In what was a complex and fast-paced tri-party project, our deep experience of founding and advancing fruitful partnerships for our clients, coupled with our ability to provide end-to-end legal support, meant we could secure a completion and transition for all parties.”

Martin Cook, partner

“This deal with Wipro will fundamentally transform our platform and service offering and deliver extensive benefits for advisers and their clients over the medium and long term. Our existing relationship with GBST will allow us to fast-track our proposition development through accelerated platform enhancements, delivering market-leading technology that underpins our future strategy. The announcement allows us to focus on our strengths, delivering a wealth of service and technological efficiencies as we build scale to realise our long-term growth ambition. We really enjoyed working with Burges Salmon and were impressed by the firm’s approach and understanding of the wealth platform and investment market, providing excellent support across a number of specialist subject areas whilst remaining joined-up and consistent throughout the project.”

Patrick Mill, CEO – The Quanta Group

Burges Salmon’s Financial Services team works with UK and international clients, ranging from fintech and high growth clients through to household name institutions, supporting them in anticipating key areas of risk and finding timely, practical and highly commercial solutions. The team’s reputation is built on managing highly complex, multi-party projects, and by providing sophisticated and commercially-oriented legal and regulatory advice. Of particular note is the team’s experience in implementing significant technology transactions and digital innovations into the financial services sector.

Lawyers involved in the transaction, alongside Martin and Justin, included: Pooja Bokhiria, Martin Cuell, Marcus Turle (Commercial and technology); Mark Shepherd and Douglas Streatfield-James (Corporate and M&A); James Green (Employment); Silvana Van der Velde and Rishi Naidoo (Tax); Alexandra Clayton and Richard Watkins (Real Estate); Tom Dunn and John Roberts (Financial Regulation and Products).

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