SEI Wealth Platform(SM) Rated 'Best-in-Class' in Independent Research Firm's Trust Accounting Systems Technology Analysis

SEI Wealth Platform(SM) Rated 'Best-in-Class' in Independent Research Firm's 
Trust Accounting Systems Technology Analysis 
Independent Research Firm, CEB TowerGroup, Named SEI "Best-in-Class"
in Three Technology Categories: Workflow Management, User Experience,
and Enterprise Support 
OAKS, PA -- (Marketwired) -- 05/16/13 --  SEI (NASDAQ: SEIC)
announced today that the SEI Wealth Platform(SM) (the Platform) has
been named a "Best-in-Class" in three of the four technology
categories evaluated in the CEB TowerGroup 2013 Trust Accounting
Systems: Technology Analysis report, published in March 2013. The
Platform received "Best-in-Class" distinction in the categories of
Workflow Management, User Experience, and Enterprise Support. The SEI
Wealth Platform is an outsourced, end-to-end, solution that supports
all stages of the client relationship, including front-, middle-, and
back-office processing services.  
"With nearly two-thirds of financial advisors rating the quality of
their technology integration with their daily workflow as very poor,
poor, or fair, there's clearly an industry need for products with
powerful workflow automation," said Peter Delano, Senior Director,
CEB TowerGroup, Wealth Management. "As the newest product to serve
the wealth industry from front-office to back-office, the SEI Wealth
Platform should garner a great deal of attention in the next 12-24
months." 
CEB TowerGroup cited the Platform's suite of front- to back-office
services and modern, open architecture as product highlights
contributing to its best-in-class ranking. The analysis also noted
the Platform's flexibility when integrating new functionality,
regardless of whether that functionality is provided by SEI or a
separate vendor. For wealth management organizations, this
architecture enables direct, fully-functional connectivity to outside
managers. Additional product highlights as cited in the report,
include: 


 
--  Highly Efficient Workflow Automation: Across the system, SEI automated
    large amounts of work to create significant time savings. Activity
    management features include full transparency, keeping users informed
    of the steps and stages of a transaction.
--  Single Enterprise Database & Fully Web-Enabled: SEI Wealth
    Platform is built around a single database designed to be
    relationship-centric as opposed to account-centric, delivered to users
    via the web and available on mobile platforms.

  
"We've seen how important it is for wealth management firms to have
open, flexible, and robust integration capabilities to support both
traditional and emerging technologies, the latter of which is
becoming a vitally important part of the investment management
business," said Al Chiaradonna, Senior Vice President, The SEI Wealth
Platform. "As a result, SEI has focused intently on creating a
user-friendly and highly automated solution that allows wealth
managers to run multiple business lines on one piece of technology --
the SEI Wealth Platform. Receiving CEB TowerGroup's 'Best-in-Class'
distinction is a great honor. We are extremely proud of SEI's
inclusion in the report and with the recognition the Platform has
been receiving within the industry." 
To access more information from this report, visit
www.seic.com/cebreport. 
About the SEI Wealth Platform(SM)
 The SEI Wealth Platform (the
Platform) is an outsourcing solution for wealth managers encompassing
wealth processing services and wealth management programs, combined
with business process expertise. With the Platform, SEI provides
wealth management organizations with the infrastructure, operations,
and administrative support necessary to capitalize on their strategic
objectives in a constantly shifting market. The SEI Wealth Platform
supports trading and transactions on 104 stock exchanges in 45
countries and 33 currencies, through the use of straight-through
processing and a single operating infrastructure environment. 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 March 31, 2013, through its
subsidiaries and partnerships in which the company has a significant
interest, SEI manages or administers $495 billion in mutual fund and
pooled or separately managed assets, including $206 billion in assets
under management and $289 billion in client assets under
administration. For more information, visit www.seic.com. 
Technology Assessment Disclaimer
 CEB does not endorse any vendor,
product or service depicted in our CEB TowerGroup publications and
does not advise technology users to select only those vendors rated
"best in class." CEB TowerGroup research publications consist of the
opinions of CEB TowerGroup's analysts and should not be construed as
statements of fact. CEB disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose. 
Many of the statements in this release may be considered "forward
looking statements" and include discussions about future operations,
strategies and financial results. Forward-looking statements are
based upon estimates and assumptions that involve risks and
uncertainties, many of which are beyond our control or are subject to
change. Although we believe our assumptions are reasonable, they
could be inaccurate. Our actual future revenues and income could
differ materially from our expected results. We have no obligation to
publicly update or revise any forward-looking statements. 
Company Contact: 
Dana Grosser 
SEI 
+1 610-676-2459 
dgrosser@seic.com  
Media Contact:
Alex Dalgliesh
Braithwaite Communications
+1 215-564-3200 x116
adalgliesh@gobraithwaite.com 
 
 
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