SEI Selected By the Corporate Executive Board for Vendor Management Case Study

OAKS, Pa., May 18 /PRNewswire-FirstCall/ -- SEI (Nasdaq: SEIC) announced today that the company was selected by The Corporate Executive Board (CEB) (Nasdaq: EXBD) to be the focus of a vendor management case study.  The study, entitled SEI Financial: Distributed Vendor Management, highlights SEI's industry-leading end-to-end vendor management process.  

The case outlines SEI's process for selecting, managing, and mitigating the risks of working with vendors of different size and criticality.  It demonstrates how a single process, designed to ensure vendor compliance with SEI's data security and business continuity standards, can still allow for business unit innovation and agility.  This study was published mid-April in the CIO Newsletter email that is delivered to the entire CIO Executive Board Membership.  The CIO Executive Board includes senior executives with a shared commitment to support enterprise-wide IT initiatives and is a program of the Corporate Executive Board.

"Realizing that vendors are an integral part of the overall solution value chain, SEI strives to select and partner with vendors that will provide a positive experience to our clients," said Peter Quinn, Director of SEI's Vendor Management Office.  "We are gratified to be recognized by the CEB as having a best practice for the process we follow in managing our vendors."

"What makes SEI's process so unique and educational is that it enables individual business units to be very responsive to client needs, while also adhering to corporate-wide standards and policies for vendor management.  By focusing on these key elements, SEI's vendor management process mitigates risk without sacrificing flexibility, which is why we selected them to share this model with our membership," said Beatrix Schrottner, a Project Manager at the Corporate Executive Board.

For a copy of the full case study, please contact Cid Szegedy at the Corporate Executive Board, [email protected].

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, 2009, 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.

About The Corporate Executive Board

The Corporate Executive Board Company drives faster, more effective decision-making among the world's leading executives and business professionals. As the premier, network-based knowledge resource, it provides them with the authoritative and timely guidance needed to excel in their roles, take decisive action and improve company performance. Powered by a member network that spans over 50 countries and represents more than 85% of Fortune 500, The Corporate Executive Board offers the unique research insights along with an integrated suite of members-only tools and resources that enable the world's most successful organizations to deliver superior business outcomes. For more information, visit www.exbd.com.

SOURCE SEI