Wells Fargo renews SEI Investments contract
SEI Investments (NASDAQ:SEIC), a leading provider of outsourced asset management and investment technology solutions, announced today that San Francisco-based Wells Fargo & Company has renewed its contract with SEI for portfolio processing and accounting and performance reporting solutions.
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SEI's portfolio processing and accounting system is the longstanding industry leader in the large bank market and is used by seven of the top ten largest U.S. banks, a list that includes Wells Fargo.
"We are extremely proud to have a relationship with Wells Fargo," said Robert Crudup, Executive Vice President and head of SEI's Private Banking and Trust business. "They are a prestigious national bank and a valued client."