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SEI Global Services<br />
SEI Wealth Platform SM /Wealth Advisory Services (WAS)<br />
Key Statistics<br />
Founded: 1968<br />
Company Type: Public<br />
Headquarters: Oaks, PA<br />
FY 2015 Revenue: $1.3 Billion USD<br />
Company Overview<br />
SEI provides investment processing, investment<br />
management, and investment operations solutions for<br />
corporations, financial institutions, financial advisors,<br />
and ultra-high-net-worth families. SEI manages or<br />
administers $670 billion in mutual funds and pooled or<br />
separately managed assets, including $262 billion in<br />
assets under management and $408 billion in client<br />
assets under administration.<br />
Product Overview<br />
The SEI Advisor Desktop is an integrated component<br />
of SEI’s Wealth Platform, SM which supports front-,<br />
middle- and back-office processing services. The SEI<br />
Advisor Desktop user interface enables wealth<br />
managers to access pertinent client and prospect<br />
information to service existing client relationships and<br />
actively engage in acquisition activities. Through a<br />
single, integrated experience, an advisor sees<br />
household, client, and account data related to the<br />
advisor’s existing book of business, relevant activities<br />
and open tasks along with the ability to run a fact find,<br />
investment proposals, and policy statements.<br />
Recent Updates<br />
In <strong>2016</strong>, SEI will launch a revamped end-client<br />
website that will support consumption on mobile<br />
devices. An advanced client reporting solution is also<br />
in development using SEI’s existing proposal<br />
generation tool. It will facilitate a seamless transition<br />
from proposals and planning to enrollment and<br />
ongoing account review.<br />
Customer Success Story<br />
A regional bank sought to upgrade its wealth<br />
management system in order to more<br />
efficiently satisfy regulatory requirements. The<br />
firm recognized the need to improve its policy<br />
process for all of the relationships at the bank.<br />
In order to efficiently satisfy requirements and<br />
achieve goals, the firm needed a mechanism to<br />
track all clients with an active policy,<br />
procedures in place to update this information<br />
on a regular basis, and a standardized and<br />
uniform way to capture this information across<br />
each relationship and/or household. SEI’s<br />
Wealth Advisory Services solution delivered<br />
the mechanism in a standardized format to<br />
capture policy specific client information, track<br />
which policy is active for each account, see<br />
past active policies and include firm-specific<br />
language to ensure all clients were being<br />
measured uniformly in the process. It also<br />
simplified the policy creation process to<br />
increase efficiency. Lastly it helped the firm<br />
institute a standard set of procedures to follow<br />
for updating/reviewing the information, setting<br />
appropriate deadlines, and adding alerts.<br />
Clients by Geographic Location<br />
CEB View<br />
A component of the SEI Wealth Platform, the<br />
Advisor Desktop Interface is designed to support<br />
the entire client lifecycle from a household<br />
relationship, including capturing and tracking<br />
goals. As a configurable/customizable outsourced<br />
solution, firms don’t need to install software or use<br />
their own servers, and advisors can access the<br />
system from any device.<br />
Clients by Service Model<br />
0%<br />
100%<br />
0%<br />
Installed ASP/Hosted SaaS<br />
Source: SEI Global Services.<br />
Note: SEI offers a blended model of ASP/Hosted with backoffice<br />
securities processing support.<br />
© <strong>2016</strong> CEB. All rights reserved. 28<br />
cebglobal.com
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