SEI Grows UK Private Banks Team With Appointment Of Darren Bayley

LONDON, 16 Dec., 2013 - SEI (NASDAQ:SEIC) announced today the appointment of Darren Bayley as U.K. Solutions Director, SEI Wealth PlatformSM. In this role, Darren is responsible for building out the front office capabilities of the SEI Wealth Platform (the Platform), further extending its functionality in the U.K. market. Darren is also leading the continued rollout of more sophisticated levels of front-office automation and functionality onto the Platform, including critical business areas such as client acquisition and client management.

Darren has worked in the U.K. advisory software space for 15 years. Previously he worked for Standard Life in a strategic deals role, targeting large IFA firms and banks. Darren has also held senior positions at Synaptic Systems, Avelo, and Focus Solutions.

"We are pleased to welcome Darren to our team," said Jim London, Director of Solutions, U.K. SEI Wealth Platform. "He is a key hire for SEI and will help to lead and shape the future direction of the company's offering to wealth managers in the U.K. Darren's experience and knowledge will be especially helpful in promoting SEI's front office capabilities."

"I'm delighted to be joining SEI at such an exciting time in the company's U.K. growth journey," said Darren Bayley. "We have a clear strategy that we are looking to execute, which includes providing a more comprehensive, multi-channel solution for existing and prospective clients. Additionally, the front office technology will be instrumental to wealth managers working with SEI post RDR."

About the SEI Wealth PlatformSM

The SEI Wealth Platform (the Platform) is an outsourcing solution for wealth managers encompassing wealth processing services and wealth management programs, combined with business process expertise. With the Platform, SEI provides wealth management organizations with the infrastructure, operations, and administrative support necessary to capitalize on their strategic objectives in a constantly shifting market. The SEI Wealth Platform supports trading and transactions on 106 stock exchanges in 46 countries and 33 currencies, through the use of straight-through processing and a single operating infrastructure environment. For more information, visit: http://www.seic.com/enUK/wealth-managers.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 September 30, 2013, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $529 billion in mutual fund and pooled or separately managed assets, including $219 billion in assets under management and $310 billion in client assets under administration.http://www.seic.com/enUK/index.htm.

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