OAKS, PA — SEI (NASDAQ: SEIC) is expanding its technology platform for investment managers with new data, automation, and workflow tools as asset managers face increasing pressure to reduce operational costs, improve transparency, and manage growing volumes of private-market data.
The company introduced an enhanced platform that combines its SEI Data Cloud infrastructure with SEI Scope, a manager portal designed to provide operational oversight, analytics, and near real-time access to fund and workflow data.
The move is part of a broader technology strategy focused on automation and artificial intelligence as investment firms seek to streamline fund administration, reporting, investor servicing, and compliance functions.
According to SEI, the platform is designed to accelerate net asset value (NAV) reporting through automated workflows, embedded quality controls, and reduced manual reconciliation processes.
The system also provides managers with visibility into operational workflows and service interactions while offering analytics and reporting tools built on centralized data architecture.
“Investment managers are facing growing pressure to do more with greater speed, precision, and transparency,” Phil McCabe, head of SEI’s Investment Managers business, stated. “The answer isn’t more people or spreadsheets—it’s smarter use of data, AI, and automation.”
SEI is also expanding capabilities across its broader investment-management technology ecosystem.
The company is implementing client lifecycle management software from Fenergo to support anti-money laundering compliance, know-your-customer requirements, and investor onboarding processes.
Additional enhancements include integrated waterfall calculation and scenario-analysis tools for private-market funds, allowing managers to model distributions using live fund data.
SEI recently launched SEI Access for collective investment trusts, or CITs, a digital onboarding platform that automates application processing and integrates with the firm’s existing CIT administration infrastructure.
The investments reflect an industry-wide push toward automation as fund managers contend with increasing operational complexity across private markets, alternative investments, regulatory compliance, and investor reporting.
Chris Edwards, head of client enablement for SEI’s Investment Managers business, indicated the firm’s technology roadmap is increasingly focused on AI-enabled automation and integrated operating platforms designed to reduce operational friction.
The technology expansion follows an earlier agreement between SEI and IBM to collaborate on agentic AI and automation initiatives across investor servicing and alternative fund accounting operations.
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