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SEI Makes Senior Hire For Global Wealth Services
Former Head of Asset Management at Barclays Wealth Joins SEI
LONDON, 22 Nov. 2010 – SEI (NASDAQ:SEIC) announced today the appointment of David Simpson as Senior Business Development Director. This appointment will support the continued success of SEI’s Global Wealth Services (GWS) offering, underpinned by the Global Wealth Platform.
This new position in London reflects SEI’s business expansion as the company responds to significant interest from global banks, insurance companies, and large wealth managers.
David joins SEI from Barclays Wealth where, as head of U.K. asset management, he was responsible for the management and strategic development of their retail investment platform services in the U.K. and Europe.
Having spent over 22 years in the financial services industry, David brings with him a breadth of skills and a proven track record in leading business and technology-based strategic change.
Commenting on the appointment, Ryan Hicke, Managing Director, SEI Global Wealth Services U.K. said:
"David’s appointment will support the continued momentum in offering our highly scalable solution to market and play an integral role in shaping SEI's future growth plans.
"His extensive operations and consultancy experience across product development, distribution, and infrastructure will compliment SEI's pedigree of providing clients with market leading wealth processing capabilities."
About SEI's Global Wealth Services
SEI's Global Wealth Services is an outsourcing solution for wealth managers combining wealth processing technology and wealth management programs, coupled with business process expertise. 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.
At the heart of the solution lies the Global Wealth Platform, which supports trading and transactions on 100 stock exchanges in 53 countries and 31 currencies, all using straight-through processing. For more information, visit 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 September 30, 2010, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $402 billion in mutual fund and pooled assets and manages $164 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.
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. 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.
No offer of any security is made hereby. Recipients of this information who intend to apply for shares in any SEI Fund are reminded that any such application may be made solely on the basis of the information contained in the Prospectus.

