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SEI Enhances Compliance System
Max Skjönsberg
19 January 2012
SEI, the US-based technology and wealth management firm, has beefed up its compliance system as a response to the changing regulatory and market environment. The new version of Portfolio Monitor is believed to give managers greater control concerning mandate guidelines, fund disclosure requirements, best practice rules and global regulatory restrictions. The firm has used the system for hedge fund managers since 2009, and recently moved its registered fund clients onto the expanded system from its previous programme, AdvisorAlert.