SOURCE: SEI

SEI

September 17, 2015 09:00 ET

SEI Wealth Platform(SM) Extends Contract With Tilney Bestinvest

LONDON, UNITED KINGDOM--(Marketwired - Sep 17, 2015) - SEI (NASDAQ: SEIC) announced today that Tilney Bestinvest has signed an extension to its contract, cementing SEI's continued relationship with the firm.

The relationship, which began in May of 2011, was pivotal to the launch of Tilney Bestinvest's Online Investment Service. Since then, the wealth manager has won many awards and experienced significant growth. In fact, it was recently noted in Platforum's UK D2C Guide 2015 that "Bestinvest remains one of the leading direct platforms in one of the most dynamic sectors of financial services experiencing 9.7 percent growth over the six months prior to March 2015."

At the core of SEI's offering to the firm is the SEI Wealth Platform, which provides Tilney Bestinvest with integrated wealth-management infrastructure to actively manage client portfolios.

Brett Williams, Managing Director, SEI Wealth Platform, U.K. Private Banking, said, "Whilst there are significant opportunities to gain new clients in the U.K., SEI's success has been built on developing long-term, mutually-beneficial partnerships with key clients. This is the cornerstone of our culture. The contract extension with Tilney Bestinvest highlights SEI's position in the U.K. market as a leader in powering extensive propositions in a scalable and efficient manner. We are delighted to sign this new deal, and look forward to working closely with the wealth management firm's senior team to help them grow their business in the coming years."

Peter Hall, CEO, Tilney Bestinvest, added, "We are pleased to have signed an extension to our contract with SEI. As one of the U.K.'s largest wealth managers, it is essential we have a partner that provides scale as well as technology and operational excellence to enable us to meet the needs of current and prospective clients. SEI's commitment to the U.K. market and long-term investment in the SEI Wealth Platform makes it the right business for us to work with as we continue to develop and grow our proposition."

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 128 stock exchanges in 50 countries and 35 currencies, through the use of straight-through processing and a single operating infrastructure environment. For more information, visit: http://www.seic.com/enUK/banks/288.htm.

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 June 30, 2015, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $661 billion in mutual fund and pooled or separately managed assets, including $262 billion in assets under management and $399 billion in client assets under administration. For more information, visit: http://www.seic.com/enUK/index.htm

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