Technology
Towry Signs New Seven Year Contract With SEI
Towry has re-signed with wealth platform provider SEI until 2021.
Wealth advisor Towry has
re-signed with wealth platform provider SEI until 2021.
SEI provides outsourcing for wealth managers, mostly centered
around admin - including wealth processing services and wealth
management programs, combined with business process
expertise.
Towry originally launched on the SEI Wealth Platform in 2009, the
second client to go live at the time. The firm cut 70 roles when
it moved to SEI.
“We are pleased to extend our partnership with SEI for another
seven years. We are focused on growth and SEI’s Platform is
fundamental to our operational infrastructure and will play a key
role in our ability to achieve success,” said David Percy, chief
operating officer at Towry.
Launched in 2007, SEI now manages $582 billion in mutual fund and
pooled- or separately-managed assets, including $239 billion in
assets under management and $343 billion in client assets under
administration.
