Strategy
SEI Extends Contract With Bordier & Cie (UK)
The US and UK firms have extended a business arrangement by three years.
US-headquartered investment processing, management and technology
firm SEI has extended its contract with Bordier & Cie (UK),
the private bank, by three years, running to at least
2022.
The arrangement is between the SEI Wealth Platform, an
outsourcing solution for wealth managers, and the bank. It builds
on an existing five-year commercial relationship between the
firms.
“The ability to deliver high-quality client service at a time of
significant industry change is now the prime consideration for
private banks and wealth managers. A crucial ingredient for firms
wanting to meet this objective is the means to build scalability
into their business models,” said Brett Williams, managing
director, SEI Wealth Platform, UK private banking.
Jamie MacLeod, chief executive of Bordier & Cie (UK), said:
“We appreciate the importance of having a partnership with a
provider capable of offering solutions which will help us grow
over the course of the next decade. The company anticipates rapid
growth in the coming years and the SEI Wealth Platform
strengthens our ability to respond to client needs swiftly and
efficiently.”
