SEI Named Best Administrator Technology Provider at HFMWeek's European Service Provider Awards

Company Also Receives Highly Commended Recognition in 'Best Administrator Overall Over $30B' Category

OAKS, PA -- (Marketwire) -- 04/10/12 -- SEI (NASDAQ: SEIC) today announced that it was named "Best Administrator - Technology Provider" in the 2012 HFMWeek European Service Provider Awards. SEI also received "Highly Commended" recognition in the "Best Administrator Overall" category among service providers with over $30 billion in assets under administration. The award, presented by industry publication HFMWeek and held on March 28 in London, demonstrates SEI's leadership in developing innovative technologies that enable hedge fund managers to better manage their business and provide their investors with greater transparency and reporting.

"World-class technology is at the core of what we provide to investment managers, and we're gratified that a respected, independent publication like HFMWeek has recognized us in the market," said Steve Meyer, Executive Vice President and Head of SEI's Investment Manager Services division. "We've focused on areas where technology integration and automation can reduce managers' operational risk, provide for faster and richer reporting, and create more efficient processes so that our clients can spend time growing their business. When done correctly, a strong operational infrastructure can create a competitive advantage for managers, and that's what we aim to provide to our clients."

SEI provides investment managers with a comprehensive outsourcing solution that includes front-, middle-, and back-office services. Notable technology that led to SEI's recognition was its online Key Investor Information Document (KIID) solution to simplify the production and servicing of the required document as mandated by the UCITS IV Directive, along with SEI's innovative technology solution for bank debt processing. Additional technology contributing to the win was the SEI Manager Dashboard, which provides managers with flexible, transparent, and aggregated views of their data across all their investment products. It enables managers to better analyze and interpret their data to gain insights that facilitate investment and business-wide decision making.

About SEI's Investment Manager Services Division
SEI's Investment Manager Services division provides comprehensive operational outsourcing solutions to support investment managers globally across a range of registered and unregistered fund structures, diverse investment strategies and jurisdictions. With expertise covering traditional and alternative investment vehicles, the division applies customized operating services, industry-leading technologies, and practical business and regulatory insights to each client's business objectives. SEI's resources enable clients to meet the demands of the marketplace and sharpen business strategies by focusing on their core competencies. The division has been recently recognized by Buy-Side Technology as "Best Fund Administrator" and by HFMWeek as "Best Single Manager Hedge Fund Administrator (Over $30B AUA)" in the U.S. and "Best Administrator - Technology Provider" in Europe. For more information, visit www.seic.com/ims.

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 December 31, 2011, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $404 billion in mutual fund and pooled or separately managed assets, including $172 billion in assets under management and $232 billion in client assets under administration. For more information, visit www.seic.com.

Source: SEI

Released April 10, 2012