DUBAI, UNITED ARAB EMIRATES--(Marketwire - July 2, 2012) - SEI (NASDAQ: SEIC) today announced that it was named "Hedge Fund Administrator of the Year" at the 2012 Global Investor Awards, held in London on June 28. The award, presented by Global Investor magazine, is the latest in a series of awards recognizing SEI's leadership and technology in providing enhanced data services and operational outsourcing services to the investment management industry worldwide.
"We're honored to be recognized by Global Investor as Hedge Fund Administrator of the Year," said Steve Meyer, Executive Vice President and Head of SEI's Investment Manager Services division. "With the increasing demands being placed on hedge fund managers by their investors, regulators, and the market itself, we've worked closely with our clients to enhance and expand our services so that we can provide them with the expertise, technology, and reporting tools to help them protect and grow their business. Our employees are motivated to produce a world-class offering to our clients, and this independent industry award recognizing their efforts is a testament to what they've been able to deliver."
SEI provides investment managers with a comprehensive outsourcing solution that includes front-, middle-, and back-office services. The judging committee selected SEI in part due to its technology-based solutions for collateral management, NAV disclosure, and pricing and verification. Also noted was SEI's ability to provide managers of systematic and high-frequency trading strategies with a more automated and scalable infrastructure. SEI incorporates automation, workflow processes, and controls to facilitate a straight-through-processing environment that currently processes up to 120,000 trades per day for some of its high-volume clients.
About SEI's Investment Manager Services Division
SEI's Investment Manager Services division provides comprehensive operational outsourcing solutions to support investment managers globally across a range of registered and unregistered fund structures, diverse investment strategies and jurisdictions. With expertise covering traditional and alternative investment vehicles, the division applies customized operating services, industry-leading technologies, and practical business and regulatory insights to each client's business objectives. SEI's resources enable clients to meet the demands of the marketplace and sharpen business strategies by focusing on their core competencies. The division has been recently recognized by Buy-Side Technology as "Best Fund Administrator," by Hedge Funds World Middle East as "Best Service Provider," by Global Investor as "Hedge Fund Administrator of the Year," and by HFMWeek as "Best Single Manager Hedge Fund Administrator (Over $30B AUA)" in the U.S. and "Best Administrator - Technology Provider" in Europe. For more information, visit http://www.seic.com/enME/investment-managers.htm.
About SEI
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2012, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $428 billion in mutual fund and pooled or separately managed assets, including $189 billion in assets under management and $239 billion in client assets under administration. For more information, visit http://www.seic.com/enME/index.htm.
Services provided by SEI Investments - Global Fund Services Limited (Reg. in Dublin No. 242309), SEI Investments Trustee & Custodial Services (Ireland) Limited (Reg. in Dublin No. 315393), and their affiliates, which are all wholly owned subsidiaries of SEI Investments Company. SEI Investments - Global Fund Services Limited and SEI Investments Trustee & Custodial Services (Ireland) Limited (Styne House, Upper Hatch Street, Dublin 2, Ireland) are authorized by the Central Bank of Ireland under the Investment Intermediaries Act of 1995.
This material is not directed to any persons where (by reason of that person's nationality, residence or otherwise) the publication or availability of this material is prohibited. Persons in respect of whom such prohibitions apply must not rely on this information in any respect whatsoever.
Contact Information
Company Contact:
Dana Grosser
SEI
+1 610-676-2459
dgrosser@seic.com
Media Contact:
Paul Young / Renny Popoola
MHP Communications
+44 020 3128 8100
SEIIMS@mhpc.com
© 2012 Marketwire, Incorporated. All rights reserved.
No comments:
Post a Comment