Latest SEI Investments News: Finextra Research

SEI invests $10m in Tifin

Fintech SEI is investing $10 million in Tifin, an umbrella group operating a host of AI-powered technology businesses in the asset and wealth management industry.

22 February 2024

/markets

London Stock Exchange leads investment in BondCLiQ

The London Stock Exchange has led a Series A funding round in BondCLiQ, the operator of a consolidated quote system for the corporate bond market.

11 January 2022

/retail

Orc hit by downgrade as Factset rises on positive Q2

The Finextra50 Financial Technology Index held steady at 83.49 last week. Orc Software led the fallers, dropping almost 18% after analysts downgraded the company based on exposure to the weak US dollar. Factset Research Systems led the gainers after reporting second quarter earnings and reassuring the market that Bear Stearns was not a major client of the firm.

25 March 2008

/retail

Finextra50 rises despite massive falls for Vasco and Online Resources

The Finextra50 Financial Technology Index rose 1.4% last week to close at 101.61. Despite disappointing earnings announcements dragging down share prices for a number of index constituents, companies such as Advent Software, SEI Investments and Interactive Data benefited from stronger than expected results.

29 October 2007

/wholesale

US broker-dealers keen to invest more in technology - survey

If they had an extra $100,000 to invest in their businesses, most US broker-dealers would spend it on technology, according to a poll conducted by outsourced asset management and processing provider SEI.

03 August 2007

/regulation

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

11 May 2007

/wealth

SEI signs HSBC Private Bank to wealth management services

SEI Investments has inked a deal to provide its outsourced wealth management Services to HSBC Private Bank Great Britain.

10 July 2006

/wholesale

SEI pays $4.25 million to settle Vermeg contract dispute

SEI Investments has paid $4.25m to settle a lawsuit filed by Vermeg over the supply and implementation of the Tunisian-based vendor's Megacor corporate actions software.

13 December 2005

/payments

SEI automates reconciliations with SmartStream

SEI Investments, a US provider of outsourced investment management services, has implemented UK-based SmartStream Technologies' Transaction Lifecycle Management (TLM) software to automate its reconciliations and exception management processes.

22 November 2004

/wholesale

SunTrust to implement SEI Investments platform

SEI Investments has won a long term contract with US-based SunTrust Bank for the supply and implementation of its securities processing and accounting system.

22 January 2004

/wholesale

HighMark renews SEI funds services agreement

HighMark Funds has renewed its contract with asset management solutions provider SEI Investments for fund accounting, administration and distribution services.

08 October 2003

/wealth

First Hawaiian Bank signs outsourcing deals with SEI Investments

First Hawaiian Bank has signed a five year contract with, SEI Private Trust Company, a subsidiary of SEI Investments, for account administration and back office services at its trust department.

31 January 2003

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