SEI Wealth Platform(SM) Rated 'Best-in-Class' in Independent Research Firm's Trust Accounting Systems Technology Analysis

Independent Research Firm, CEB TowerGroup, Named SEI "Best-in-Class" in Three Technology Categories: Workflow Management, User Experience, and Enterprise Support

OAKS, PA -- (Marketwired) -- 05/16/13 -- SEI (NASDAQ: SEIC) announced today that the SEI Wealth Platform(SM) (the Platform) has been named a "Best-in-Class" in three of the four technology categories evaluated in the CEB TowerGroup 2013 Trust Accounting Systems: Technology Analysis report, published in March 2013. The Platform received "Best-in-Class" distinction in the categories of Workflow Management, User Experience, and Enterprise Support. The SEI Wealth Platform is an outsourced, end-to-end, solution that supports all stages of the client relationship, including front-, middle-, and back-office processing services.

"With nearly two-thirds of financial advisors rating the quality of their technology integration with their daily workflow as very poor, poor, or fair, there's clearly an industry need for products with powerful workflow automation," said Peter Delano, Senior Director, CEB TowerGroup, Wealth Management. "As the newest product to serve the wealth industry from front-office to back-office, the SEI Wealth Platform should garner a great deal of attention in the next 12-24 months."

CEB TowerGroup cited the Platform's suite of front- to back-office services and modern, open architecture as product highlights contributing to its best-in-class ranking. The analysis also noted the Platform's flexibility when integrating new functionality, regardless of whether that functionality is provided by SEI or a separate vendor. For wealth management organizations, this architecture enables direct, fully-functional connectivity to outside managers. Additional product highlights as cited in the report, include:

• Highly Efficient Workflow Automation: Across the system, SEI automated large amounts of work to create significant time savings. Activity management features include full transparency, keeping users informed of the steps and stages of a transaction.
• Single Enterprise Database & Fully Web-Enabled: SEI Wealth Platform is built around a single database designed to be relationship-centric as opposed to account-centric, delivered to users via the web and available on mobile platforms.

"We've seen how important it is for wealth management firms to have open, flexible, and robust integration capabilities to support both traditional and emerging technologies, the latter of which is becoming a vitally important part of the investment management business," said Al Chiaradonna, Senior Vice President, The SEI Wealth Platform. "As a result, SEI has focused intently on creating a user-friendly and highly automated solution that allows wealth managers to run multiple business lines on one piece of technology -- the SEI Wealth Platform. Receiving CEB TowerGroup's 'Best-in-Class' distinction is a great honor. We are extremely proud of SEI's inclusion in the report and with the recognition the Platform has been receiving within the industry."

To access more information from this report, visit www.seic.com/cebreport.

About the SEI Wealth Platform(SM)
The SEI Wealth Platform (the Platform) is an outsourcing solution for wealth managers encompassing wealth processing services and wealth management programs, combined with business process expertise. With the Platform, SEI provides wealth management organizations with the infrastructure, operations, and administrative support necessary to capitalize on their strategic objectives in a constantly shifting market. The SEI Wealth Platform supports trading and transactions on 104 stock exchanges in 45 countries and 33 currencies, through the use of straight-through processing and a single operating infrastructure environment. For more information, visit: http://www.seic.com/enUS/private-banks.htm.

About SEI
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2013, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $495 billion in mutual fund and pooled or separately managed assets, including $206 billion in assets under management and $289 billion in client assets under administration. For more information, visit www.seic.com.

Technology Assessment Disclaimer
CEB does not endorse any vendor, product or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated "best in class." CEB TowerGroup research publications consist of the opinions of CEB TowerGroup's analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Many of the statements in this release may be considered "forward looking statements" and include discussions about future operations, strategies and financial results. Forward-looking statements are based upon estimates and assumptions that involve risks and uncertainties, many of which are beyond our control or are subject to change. Although we believe our assumptions are reasonable, they could be inaccurate. Our actual future revenues and income could differ materially from our expected results. We have no obligation to publicly update or revise any forward-looking statements.

Company Contact:
Dana Grosser
SEI
+1 610-676-2459
dgrosser@seic.com

Media Contact:
Alex Dalgliesh
Braithwaite Communications
+1 215-564-3200 x116
adalgliesh@gobraithwaite.com

Source: SEI

Released May 16, 2013