TRUST SERVICES: First Rate wins SEI performance measurement contract.(Brief Article)

Pensions & Investments, July, 2000 by Williams, Fred

OAKS, Pa. -- SEI Investments selected First Rate Investment Systems, Dallas, over several larger firms to provide performance measurement and reporting capabilities to SEI's trust clients. SEI Trust Co. provides trust services to more than 80 clients, including some of the nation's largest banks and investment companies, with more than 125,000 accounts totaling more than $85 billion in assets.

Operating one of the largest trust accounting systems in the country, SEI signed a partnership agreement with First Rate over major players like Thomson Financial, StatPro Group PLC, Advent Software Inc. and FMC Software Consulting. In addition to adopting First Rate's performance measurement system for all internally managed portfolios, SEI will present a private...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.