SEI Receives Suntrust's Coveted 'Focus on Growth' Award

Award Recognizes SEI for Superior Service and Account Management Assistance

OAKS, PA -- (Marketwire) -- 05/15/12 -- SEI (NASDAQ: SEIC) today announced that it was recognized with the "Focus on Growth" award at SunTrust's 2011 Supplier Summit in Atlanta, Georgia. SEI was awarded the accolade for exceeding, year after year, SunTrust's performance expectations and relentlessly helping SunTrust acquire, grow, and manage their trust accounts.

"For nearly a decade, SEI has provided us with unparalleled service at all levels of our organization, and we're pleased to present our 'Focus on Growth' award to such a trusted strategic partner," said Willem Hattink, Executive Vice President and Head of Private Wealth Management and Institutional Investment Solutions for SunTrust. "SEI continuously supports our efforts by bringing us innovative products and services, and we're confident that we're working with the best partner for our needs."

SunTrust's "Focus on Growth" award is given annually to the company's supplier who has best helped SunTrust succeed in today's business environment and prepare for the future. It recognizes suppliers who have provided new revenue-generating opportunities and helped SunTrust achieve profitable growth; helped SunTrust better understand their competition; provided SunTrust with new opportunities; and assisted in the acquisition, expansion, and retention of primary relationships.

"At SEI, we continually push to create customized wealth processing and management solutions that meet the changing needs of our clients," said Joseph P. Ujobai, Executive Vice President, SEI's Global Wealth Services. "We're honored to have our efforts recognized by an industry leader like SunTrust and we look forward to working with them for years to come as we introduce additional solutions designed to improve business functions and enhance the end-client experience."

SunTrust has been an SEI client since 2005. SEI's Global Wealth Services provides core processing, accounting systems, and additional processing services to SunTrust's private client and institutional businesses. To learn more about SEI's Global Wealth Services, please visit http://www.seic.com/enUS/private-banks.htm.

About SEI's Global Wealth Services
SEI's Global Wealth Services is an outsourcing solution for wealth managers encompassing wealth processing services 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. 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, 2012, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $428 billion in mutual fund and pooled or separately managed assets, including $189 billion in assets under management and $239 billion in client assets under administration. For more information, visit www.seic.com.

Source: SEI

Released May 15, 2012