Breaking News

Tweet TWEET

SEI Selected by Sciens Alternative Investments to Provide Operational Outsourcing

SEI Selected by Sciens Alternative Investments to Provide Operational 
Outsourcing 
SEI's Technology and Data Management Expertise Key Factors in Firm's
Decision 
OAKS, PA -- (Marketwire) -- 03/04/13 --  SEI (NASDAQ: SEIC) today
announced that it has been selected by Sciens Alternative
Investments, part of the Sciens Capital Management Group, to provide
operational outsourcing services for the firm's managed account
platform. Sciens sought to complement its own front-end technology
and its newly released risk analytics and portfolio construction
tool, S.M.A.R.T., by leveraging SEI's data management and flexible
reporting technologies. The strategic partnership points to
investment managers' increasing need to transform data into
actionable insights that aid in decision making and risk management,
while improving transparency and reporting for investors. 
SEI will provide Sciens with a comprehensive suite of operational
outsourcing services in a straight-through-processing environment.
Additionally, SEI will provide collateral and margin management to
support Sciens' middle office. SEI's technology expertise,
comprehensive reporting, and global servicing locations were key
reasons Sciens selected SEI.  
"With the launch of the S.M.A.R.T. investor portal and the growth of
the Sciens Managed Account Platform, we set out to create an enhanced
experience for our investors and clients, which meant raising the bar
on the level and quality of transparency and reporting we delivered.
We knew that providing them with greater information and more control
over their hedge fund investments was critical in the current
governance-focused environment," said John Godden, Head of the Sciens
Managed Account Platform. "In looking to ensure that we have the best
possible service for the Platform, following a detailed selection
process, we have selected SEI to provide administration and
centralized collateral management services. SEI stood out for its
ability to marry a cutting edge approach in how it applies technology
with a very strong culture at getting the basics right. This will
help to ensure the Sciens Managed Account Platform provides a high
level of governance combined with speed of delivery." 
"Our proven expertise in integrating multiple client and third-party
systems means that we can complement Sciens' existing technology and
the impressive tools they've built, while providing the additional
benefits of our institutional-quality infrastructure," said Philip
Masterson, Senior Vice President and Managing Director, SEI's
Investment Manager Services division. "SEI's Manager Dashboard will
provide Sciens with the ability to gain greater transparency into
their daily activity and enhance their decision-making process. The
automation and systems integration that are built into our platform
also make it easier for Sciens to capture a holistic view of the
business across its various investment strategies and product types.
We're pleased to be working with them and look forward to enabling
their growth." 
About SEI's Investment Manager Services Division 
 SEI's Investment
Manager Services division provides comprehensive operational
outsourcing solutions to support investment managers globally across
a range of registered and unregistered fund structures, diverse
investment strategies and jurisdictions. With expertise covering
traditional and alternative investment vehicles, the division applies
customized operating services, industry-leading technologies, and
practical business and regulatory insights to each client's business
objectives. SEI's resources enable clients to meet the demands of the
marketplace and sharpen business strategies by focusing on their core
competencies. The division has been recently recognized by Buy-Side
Technology as "Best Fund Administrator," by Hedge Funds World Middle
East as "Best Service Provider" and by HFMWeek as "Best Single
Manager Hedge Fund Administrator (Over $30B AUA)" in the U.S. and
"Best Administrator - Technology Provider" in Europe. For more
information, visit www.seic.com/ims.  
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 December 31, 2012, through its
subsidiaries and partnerships in which the company has a significant
interest, SEI manages or administers $458 billion in mutual fund and
pooled or separately managed assets, including $201 billion in assets
under management and $257 billion in client assets under
administration. For more information, visit www.seic.com. 
About Sciens Capital Management
 Sciens Capital Management Group is
an independent alternative asset manager with approximately US$4.8
billion in assets under management in funds of hedge funds, advisory,
private equity and real assets. The Group employs over 100 people
globally with its principal offices in New York, London, Guernsey and
Athens. For more information, visit http://www.sciensam.com/.  
Sciens' Managed Account Platform is an investment vehicle that can be
used to replicate alternative investment strategies, e.g., hedge fund
investments. As a managed account provider, Sciens is dedicated to
managing operational risk and has developed a proprietary risk
monitoring system that provides state-of-the-art, flexible risk
analytics and reporting. Sciens has complete and independent control
over the managed account platform and provides investors with useful
transparency. Liquidity of a managed account corresponds to the best
liquidity the underlying positions can provide. Sciens is able to
tailor a managed account to investors' needs including the provision
of bespoke reporting. 
Company Contact: 
Dana Grosser 
SEI 
+1 610-676-2459 
dgrosser@seic.com  
Media Contact:
Jason Rocker 
Braithwaite Communications
+1 215-564-3200 x 110
jrocker@gobraithwaite.com  
Media contact for Sciens:
Miranda Barham
+44(0)7899030304
miranda@mirandabarham.com 
 
 
Press spacebar to pause and continue. Press esc to stop.