SOURCE: SEI

SEI

November 24, 2014 10:00 ET

SEI Named a Finalist for 2014 Industry Innovation Awards in Investment Outsourcing Category

Company Recognized for OCIO Client Reporting Technologies and Defined Contribution Solution

OAKS, PA--(Marketwired - Nov 24, 2014) -  SEI (NASDAQ: SEIC) has been named a finalist in the 'Investment Outsourcing' category for the 2014 CIO Industry Innovation Awards. Now in its fifth year, the awards recognize the innovative investment work being done for, and at, the world's largest pensions, endowments, foundations, and sovereign wealth funds.

According to the CIO editorial team, SEI was selected as a finalist in the 'Investment Outsourcing' category for "its consistent approach to innovating in OCIO reporting technology and its recent business push -- and success -- into the defined contribution outsourcing space."

SEI's Institutional Group is in the process of rolling out a new client website, which will provide streamlined, direct access to data from multiple sources, including SEI's Knowledge Center, performance data, and Trust account information. Using a new technology platform, the client website, along with its real-time reporting capabilities and educational resources, will be accessible from mobile devices and tablets -- allowing clients a clear snapshot of their portfolios at their fingertips.

"Innovation has been at the heart of SEI's business and culture since its founding, so we are honored to be considered for this award," said Edward Loughlin, Executive Vice President, SEI and head of SEI's Institutional Group. "SEI's 20-year track record and more than 475 institutional clients are a testament to our commitment to continually evolve our solution and reporting capabilities. Our open architecture investment model provides flexibility and customization around how investors build their portfolios, which is gaining traction from larger institutional investors and defined contribution plan sponsors looking to build multi-manager, institutional funds."

The CIO Industry Innovation Awards are split into two general categories: asset management/servicing and asset owners. With input from an advisory board of asset managers and owners, as well as surveys and data where applicable, the CIO editorial team makes the final decisions as to finalists and eventual winners. Winners will be announced at an event on December 8th in New York City.

About SEI's Institutional Group
SEI's Institutional Group is one of the first and largest global providers of outsourced investment management services. The company delivers integrated retirement, healthcare and nonprofit solutions to more than 475 clients in eight countries. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations and board designated funds. For more information visit: seic.com/institutions.

About SEI
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of September 30, 2014, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $612 billion in mutual fund and pooled or separately managed assets, including $249 billion in assets under management and $363 billion in client assets under administration. For more information, visit seic.com.

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