OAKS, Pa., Aug. 12, 2019 /PRNewswire/ -- SEI (NASDAQ:
SEIC) today announced CIBC U.S. Private Wealth Management has
selected the SEI Wealth PlatformSM (SWP) to support its
business with a comprehensive operating platform. This news was
first announced on SEI's second-quarter 2019 earnings call.
"By providing CIBC access to the collective power of SEI's
platforms via an enhanced, unified solution, we can support its
efforts to provide its clients with a sophisticated and streamlined
wealth management experience," said Steve
Meyer, Head of Global Wealth Management Services at SEI. "We
look forward to supporting CIBC."
SEI's solution can support CIBC U.S. Private Wealth Management
with a comprehensive set of front-office capabilities and
end-client experiences, coupled with core processing support for
both internal and external custody relationships, including:
- Investment planning and proposal generation
- Portfolio management and performance reporting
- Compliance services
- Fund processing and administration
"CIBC is pleased to work with SEI," said Scott Wilson, Chief Operating Officer of CIBC
U.S. Private Wealth Management. "Their platform solution can
enhance our already unique client offering while also positioning
our business for continued growth."
About the SEI Wealth PlatformSM
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 40 countries and 43 currencies, through
the use of straight-through processing and a single operating
infrastructure environment. For more information, visit:
seic.com/wealthplatform.
About SEI
After 50 years in business, SEI (NASDAQ:
SEIC) remains 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, 2019, through its
subsidiaries and partnerships in which the company has a
significant interest, SEI manages, advises or administers
$970 billion in hedge, private
equity, mutual fund and pooled or separately managed assets,
including $335 billion in assets
under management and $630 billion in
client assets under administration. For more information, visit
seic.com.
Media/Company Contact:
Leslie
Wojcik
SEI
+1 610-676-4191
lwojcik@seic.com
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SOURCE SEI