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Insider UK
Insider UK
Business
Peter A Walker

US fintech firm chooses Edinburgh for European hub

Managed services provider to the wealth management industry, Mirador Worldwide, has established an 'international business hub' in Edinburgh.

The US-based business now has client service personnel on the ground to work with clients in the UK and Europe.

“In order for Mirador to continue to deliver exceptional client service, we have to have a shop in Europe,” said Mirador chief executive and president Joseph Larizza. “We thoroughly looked into other sites, and I can say without hesitation that Edinburgh is where we need to be.

“Senior staff members willingly volunteered to relocate, we have hired our first Scotland-based employee and are actively recruiting additional talent.”

Blake Johnson, senior associate for reporting, is one of the first US-based employees to relocate to Scotland. “I know how important real-time availability is to our clients and am thrilled to be establishing the Mirador office in Scotland - it is exciting to be in this historic city, interacting with such smart and vibrant people.”

The company provides IT services to high net-worth wealth advisors, family offices, endowments and foundations, specialising in financial reporting and middle office technology solutions and compensation management.

Mark Hallan, director of global investment at Scottish Development International, said: “With its commitment to utilising technology to serve the financial needs of its customers, Mirador’s decision to open a business hub in Edinburgh is most welcome.

“Given our focus on innovation, world-class workforce, outstanding universities, and technological expertise, multi-national companies in the financial services sector continue to choose Scotland to support their global growth ambitions – Scotland is a truly irresistible proposition to internationally-minded firms.”

Mirador started in 2015 and has grown to five office locations in the US and more than 160 employees. The company also has an office in Dublin, which houses certain technical resources.

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