13 December 2017
visit http://response.ncr.com

SEI wins Turner Investment outsourcing deal

24 January 2008  |  1612 views  |  0 Source: SEI

SEI (Nasdaq: SEIC) today announced that it has been selected by Turner Investment Partners to provide operations outsourcing services for the firm's separately managed account business.

The deal extends an existing relationship with Turner, for whom SEI has provided mutual fund administration services since 1992. The win marks SEI's continued industry leadership in the SMA outsourcing industry and the overall investment manager outsourcing space.

Under the agreement SEI will provide Turner with an outsourced, customized solution centering on business processes, account administration, reconciliation and reporting. SEI was chosen in a competitive bid process among some of the industry's largest providers. The company's technology expertise and electronic workflow process as well as its track record of success in the SMA space were pointed to as key factors in the selection process.

"We are very pleased to expand our relationship with Turner," said John Alshefski, Senior Vice President, Head of Business Development for SEI's Investment Manager Services division. "SEI is a leader in servicing all investment products. As our clients look to partner with one provider to streamline all their operations, we are in a position to offer our expertise, as well as deliver an integrated approach to servicing a client's entire business. While we won Turner's separately managed account business because of our depth of knowledge, our process and technology, we also believe that it's a testament to the partnership approach we take with our clients and the value we bring to each relationship."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.response.ncr.comvisit www.atos.net

Who is commenting?

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11900 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8966 views comments | 15 tweets | 21 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7281 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7174 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6993 views comments | 20 tweets | 11 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job