SEI Expands Long-Term Relationship With SunTrust

SEI Expands Long-Term Relationship With SunTrust 
OAKS, PA -- (Marketwire) -- 10/26/12 --   SEI (NASDAQ: SEIC)
announced today that it has extended its multi-year strategic
partnership with SunTrust Banks, Inc. through 2020. As part of the
new agreement, SEI will now handle securities processing functions
for SunTrust's Private Wealth Management business.  
"SEI is a recognized leader in providing core processing services and
shares our commitment to providing clients with the highest quality
of service," said Bill Wohlford, Executive Vice President for
SunTrust. "We are pleased to expand our relationship with SEI and
we're confident SEI will help us achieve our current and future
business goals."  
Earlier this year, SEI received SunTrust's "Focus on Growth" award
for exceeding performance expectations, providing unparalleled
support across the organization while aiding SunTrust's initiatives
to acquire, grow, and manage its trust and investment management
business.  
"We're proud of our relationship with SunTrust and we are pleased
that they have selected SEI to handle their securities processing
functions," said Sandy Ewing, Senior Vice President of SEI's Global
Wealth Services. "We are always looking to provide our clients with
innovative services and solutions that support their changing
business needs."  
About SEI's Global Wealth Services
 SEI's Global Wealth Services is
an outsourcing solution for wealth managers encompassing wealth
processing services and wealth management programs, coupled with
business process expertise. The integrated offering aims to provide
wealth management organizations the infrastructure, operations and
administrative support necessary to capitalize on their strategic
objectives in a constantly shifting market.  
At the heart of the solution lies the Global Wealth Platform, which
supports trading and transactions on 101 stock exchanges in 46
countries and 33 currencies, all using straight-through processing.
For more information, visit
http://www.seic.com/enUS/private-banks.htm.  
About SEI 
 SEI (NASDAQ: SEIC) is a leading global provider of
investment processing, fund processing, and investment management
business outsourcing solutions that help corporations, financial
institutions, financial advisors, and ultra-high-net-worth families
create and manage wealth. As of September 30, 2012, through its
subsidiaries and partnerships in which the company has a significant
interest, SEI manages or administers $448 billion in mutual fund and
pooled or separately managed assets, including $195 billion in assets
under management and $253 billion in client assets under
administration. For more information, visit www.seic.com. 
Company Contact: 
Dana Grosser 
SEI 
+1 610-676-2459 
dgrosser@seic.com  
Media Contact:
Alex Dalgliesh
Braithwaite Communications
+1 215-564-3200 x 116
adalgliesh@gobraithwaite.com 
 
 
Press spacebar to pause and continue. Press esc to stop.