The services are designed to help wealth managers manage investment portfolios, allowing them to execute mass trades across their client base and prepare client statements grouped by families or client types.
They also offer risk configuration options for clients as well as services for pre- and post-trade investment compliance.
SEI private banking executive vice president Joseph P. Ujobai says: “Wealth managers are embracing business transformation in order to drive ahead of their peers. This requires executives to make critical business decisions on how best to execute the transformation. We believe that the enhancements to our global wealth platform will help wealth managers to reach their goals.”