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BUSINESS • 03/10/2024 05:53 PM

Quantios Acquires Klea To Speed Up Automation In Corporate Services 

KUALA LUMPUR, Oct 3 (Bernama) -- Quantios, the global provider of Wealth and Corporate Services software as a service (SaaS) solutions, has completed the acquisition of Klea, an artificial intelligence (AI)-powered legal entity management (LEM) tool.

Backed by Hg and EQT, in a statement, Quantios said it is committed to leading digital transformation for trust and corporate service providers (TCSPs).

By combining Klea’s AI-enabled legal entity management tool with Quantios software, corporate legal teams and multi-client service providers will now have access to comprehensive automated workflow solutions.

Quantios Chief Executive Officer (CEO), Guy Harrison said the combination of Klea and Quantios affirmed the company’s commitment to digitising the TCSP industry by accelerating its ability to automate core corporate service processes.

“Led by Filip, the Klea team has built a best-in-class solution that will increase efficiencies for our customers and corporate legal teams worldwide. We are delighted to be working with them in this next phase of growth for us all,” Harrison said.

Meanwhile, Klea CEO Filip Corveleyn said: “This opens a myriad of new opportunities for our clients and will vastly extend the breadth and depth of our offering. We are excited to work with Guy and his team to advance our AI-powered solution and give clients an efficient and worry-free entity management experience.”

Led by a highly experienced management team, Belgium-based company Klea has built an innovative platform to effectively manage recurring corporate statutory events for a global customer base.

Klea’s collaboration tool provides a single source of truth, streamlining corporate secretarial work for legal teams and giving access to real-time, accurate entity data.

Committed to leading digital transformation for its customers, Quantios partners with close to 700 organisations worldwide, delivering comprehensive SaaS solutions that streamline processes, simplify regulatory compliance and facilitate robust corporate governance.

-- BERNAMA

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