SEI Grows UK Global Wealth Services Offering With Key Appointments
22 October 2009
Mark Rockliffe appointed as Director of Sales for Wealth Management; Jim Clay appointed Senior Business Development Director for Wealth Processing
LONDON, 22 Oct. 2009 – SEI (NASDAQ:SEIC) has made two key appointments to its UK Global Wealth Services (GWS) team. Mark Rockliffe has been appointed Director of Sales for Wealth Management, and Jim Clay has joined as Senior Business Development Director for Wealth Processing. Both will be based in SEI’s London office.
The dual appointments to SEI's Global Wealth Services team are part of aggressive investment and expansion plans as SEI responds to significant market interest in their offering.
Commenting on the appointments, Joseph P. Ujobai, Executive Vice President, SEI’s Private Banks segment, said:
“Following the successful launch of our Wealth Processing solution, and the continued development of our Wealth Management solution, the growth of our Global Wealth Services offering has, and will continue to be, a major focus.
"We are therefore delighted to welcome Mark and Jim to SEI's Global Wealth Services team. Both have a deep knowledge of the market with experience in strategic planning and implementation. They will each play an integral part in this ongoing expansion plan, enabling us to better position SEI for future growth in the market."
Mark most recently worked as a consultant to the Strategic Partnerships Team at Octopus Investments, where he was responsible for helping shape the distribution strategy and development of new business streams through key intermediary distributors. Prior to this, Mark was Intermediary Sales Director at F&C Investments where he was involved in creating a new sales structure to better align resources, manage sales directors and support teams, whilst also developing new supporting accounts for new business. Before joining F&C, Mark spent 17 years at Zurich Intermediary Group.
Jim brings with him over 15 years of valuable experience in various senior sales and executive client management roles. Before joining SEI, Jim was a senior Client Director at the Lifestyle Services Group. Prior to Lifestyle, Jim was a Senior Account Director at CPP Group PLC, managing several strategic relationships. Jim was also Strategic Project Manager to the Group Chief Executive at CPP Group. Jim holds an MBA from Leeds University Business School.
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 September 30, 2009, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $383 billion in mutual fund and pooled assets and manages $156 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit www.seic.com.
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 organisations the infrastructure operations and administrative support necessary to capitalise 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, a major UK Private Bank. 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 wealth processing services through its Global Wealth Services solution to private banks and wealth management organisations. SEI enables wealth managers to meet the rapidly evolving business and investment needs of their clients by helping them grow and protect revenue, minimize cost and allocate capital effectively, enable risk management and help manage transformation. SEI’s solutions are used by over 290 clients in 9 countries. For more information, visit http://www.seic.com/banks/.
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