SEI to Provide Global Wealth Services to PFP Wealth Management

LONDON, May 19 /PRNewswire-FirstCall/ -- SEI (Nasdaq: SEIC) today announced that it has been selected by PFP Group LLP (PFP), to provide its Global Wealth Services (GWS) offering to the firm.

At the heart of SEI's offering is the Global Wealth Platform (GWP) which will provide PFP with an operating platform to administer its discretionary business. PFP will also take advantage GWP's client reporting tools designed to enhance the experience for existing and future clients.

Joseph P. Ujobai, Executive Vice President, SEI's Private Banks segment, said:

"Signing PFP as a client in the UK continues to demonstrate the appeal our GWS solution has in market and its applicability to a broad range of firm types and needs presented by clients. This is further reflected by several strategic partnerships SEI has already announced this year, including UK Wealth Management earlier this week and the Cavanagh Group in February.

"PFP recognizes the importance of focusing on servicing clients and adopting a discretionary, fee-based model. The organization shares our ongoing commitment to growth and transformation and we are uniquely positioned to support them achieving their goals."

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 (GWP), launched three years ago it supports trading through 85 stock exchanges in 43 countries, transacting in 28 currencies using straight through processing. For more information, visit www.seic.com/pwi.

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/banks/.

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 March 31, 2010, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $394 billion in mutual fund and pooled assets and manages $162 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 and approved 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.

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Joseph P. Ujobai

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SOURCE SEI