SEI Launches New Services For Wealth Managers to Address Challenges of Efficiency and Compliance

LONDON, UK, 2 March 2009 – SEI (NASDAQ: SEIC) today announced the launch of a new set of services for UK wealth managers. The developments, which are provided via SEI’s Global Wealth Platform, are designed to enhance wealth managers' ability to manage their client accounts more efficiently and provide compliance features that address today’s evolving regulatory environment. These enhancements are an important addition to SEI’s innovative platform that delivers a fully integrated suite of services for wealth managers.

The launch of SEI’s discretionary management capabilities aims at wealth managers' ability to efficiently manage investment portfolios and provide the highest levels of client advice and service. Wealth managers will also be able to execute mass trades across the client base and prepare client statements grouped by families or client types, both of which create time management efficiencies as well as allow for greater levels of client service.

The changing regulatory environment has put more pressure on wealth managers as compliance issues become core industry drivers. As a result, SEI’s new service enhancements seek to address these challenges by providing risk configuration options for clients as well as improved services for pre- and post-trade investment compliance.

This announcement comes on the heels of SEI's fortieth anniversary of providing innovative client-centric technologies and outsourced infrastructure services to banks and wealth managers.

Commenting, Joseph P. Ujobai, Executive Vice President, Private Banking at SEI, said:

“SEI's Global Wealth Platform was built to meet our clients’ need for growth through key market drivers such as advice, open architecture and regulatory capabilities. The continued development of our platform highlights SEI’s commitment to delivering a transformational solution to the market. We will strive to develop new features and enhancements to ensure that we meet the evolving challenges facing our clients.”

"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.”

About SEI’s Global Wealth Services

SEI’s Global Wealth Services is an outsourcing solution for Wealth Managers which encompasses a comprehensive suite of services relating to client acquisition, client management, investment management, investment processing, infrastructure and business services management. The integrated offering aims to provide wealth management organizations the infrastructure operations and administrative support necessary to capitalize on their strategic objectives in a constantly shifting market by helping clients grow revenue, reduce cost and risk and leverage resources, enabling transformation.

At the heart of the solution lies the Global Wealth Platform, launched two years ago through the conversion of its first client, HSBC Private Bank (UK) (HSBC). To date, GWP is operating in twelve countries, transacting in nineteen currencies and trading on twelve exchanges, all using straight through processing.

About SEI’s Private Banks Segment

SEI’s Private Banks business segment delivers investment management and investment processing services to private banks and wealth management organizations. SEI enables wealth managers to meet the rapidly evolving business and investment needs of their clients. SEI's solutions are designed to help their clients succeed by growing revenue, reducing cost and risk and leveraging resources. SEI’s solutions are used by over 290 clients in 9 countries. For more information, visit http://www.seic.com/pwi.

About SEI

SEI (NASDAQ:SEIC) is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company’s innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of December 31, 2008, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $380 billion in mutual fund and pooled assets and manages $134 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from more than 20 offices in over a dozen countries. For more information, visit www.seic.com.

Issued by:
This information is issued by SEI Investments (Europe) Limited, 4th Floor, Time & Life Building 1 Bruton Street,, London W1J 6TL which is authorized and regulated by the Financial Services Authority.