November 07, 2011 09:00 ET

SEI Named 'Best Fund Administrator' by Buy-Side Technology

OAKS, PA--(Marketwire - Nov 7, 2011) - SEI (NASDAQ: SEIC) today announced that it was named "Best Fund Administrator" in the 2011 Buy-Side Technology Awards. The award, presented by industry publication Buy-Side Technology at a ceremony held on Nov. 4 in London, points to SEI's ongoing leadership in providing world-class services that help investment managers meet the demands of the marketplace and better manage their business. SEI received this recognition in the 2009 Buy-Side Technology Awards as well.

"We are very proud to receive this award again. We've always strived to provide investment managers with what we call a 'return on their operations,' allowing them to focus on what's most critical to them and their investors. We do this by developing technology-driven solutions and providing a high level of service to our clients," said Steve Meyer, President of SEI's Investment Manager Services division. "This award reinforces our belief that focusing on our clients' and their clients' needs is the best way to achieve success."

Commenting on SEI's submission, Victor Anderson, Editor in Chief of Waters magazine and said, "We see the bar being raised each year among fund administrators. What put SEI on top was its focus on technology innovation, particularly around its Manager Dashboard system, as well as SEI's ability to efficiently process large trade volumes, especially for the high-frequency trading community."

SEI provides a wide variety of services, including fund accounting, administration, and investor servicing, using best-in-class technology solutions and market-leading Dashboards. In addition, SEI provides a host of middle-office capabilities, including liquidity and collateral management, portfolio compliance and risk monitoring, and independent pricing and valuation validation. A key innovation is SEI's extensive application of workflow technology, which enables real-time approval processing and task management for increased transparency, automation, and audit capabilities.

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 the Money Management Institute as "Service Provider of the Year," by Buy-Side Technology as "Best Fund Administrator" and by HFMWeek as "Best Single Manager Hedge Fund Administrator (Over $30B AUA -- US)," and "Best Funds of Hedge Funds Administrator (Over $30B AUA -- Europe)." For more information, visit

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, 2011, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $395 billion in mutual fund and pooled assets or separately managed assets, including $162 billion in assets under management and $233 billion in client assets under administration. For more information, visit