StatPro has entered into a contract to supply its Risk Management solution (SRM) to SEI (Nasdaq: SEIC).
SEI is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth.
As of the period ending June 30, 2006, SEI administers $334.3 billion in mutual fund and pooled assets and manages $161.7 billion in assets. SEI serves clients and conducts business and/or operations, from more than 20 offices in over a dozen countries.