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WHIreland Agrees to Long-Term, Strategic Partnership With SEI Wealth Platform(SM)

Strategic Partnership Positions WHIreland for Growth and Addresses Evolving Client Needs

June 2, 2016 6:10 AM EDT

LONDON, UNITED KINGDOM -- (Marketwired) -- 06/02/16 -- SEI (NASDAQ: SEIC) announced today that WHIreland's (WHI) Wealth Management Division has agreed to a long-term contract with the company to utilise the SEI Wealth Platform(sm).

The strategic partnership with SEI will assist WHI in developing its wealth management business by establishing a more efficient, robust and scalable platform to meet emerging client needs, address future regulatory changes and requirements and help position the firm for future growth.

WHI chose SEI following a comprehensive selection process, which included a wide range of institutional and wealth management platform providers. The SEI Wealth Platform was selected because it will provide a unified solution, which is fully integrated across the investment manager and client experience, including administration, custody and reporting all within a single infrastructure. SEI and WHI are focused on the need to provide both robust systems and a high-quality service experience to meet the evolving needs of clients today and in the future.

Richard Killingbeck, Group CEO, WHIreland, commented:

"As our clients' needs evolve it is essential that we are able to provide a more easily accessible and tailored service to assist them in meeting their individual goals. Partnering with SEI will allow us to enhance our service to clients; ensure that our regulatory obligations of the future are more easily met and to benefit from enhancements in the future development of systems and the overall control environment. SEI was chosen because of our strong cultural alignment based on serving the needs of investment clients, as well as their state-of-the-art technology and relationship-driven approach."

Brett Williams, Managing Director, SEI Wealth Platform, UK Private Banking, commented:

"There has never been a greater need for advice in the industry. Private client investment managers who are able to take advantage of this opportunity, whilst mitigating risk and adapting to meet the evolving needs of their clients, are the most likely to succeed. By partnering with SEI, WHI is well positioned to take full advantage of this opportunity. The strategic partnership enables WHI to leverage SEI's experienced team, proven process and leading technology to ensure they are able to maintain high service levels and evolve to meet the needs of a changing market. We look forward to helping WHI advance and grow their business through a long-term, strategic partnership that builds on our reputation as an expert in serving the wealth management sector."

About WHIreland WH Ireland's Wealth Management Division offers wealth management and wealth planning services tailored to private clients, corporates and trusts in the UK and internationally from the Isle of Man.

WHIreland Group plc

WHIreland Group plc is a financial services company offering private wealth management and corporate broking services. Since 2000, the company has been listed on the London Stock Exchange on AIM. The Group has two divisions:

Private Wealth Management: providing wealth management and wealth planning services tailored to individuals, corporates, trusts and funds. It manages c.� 2.7bn of assets under management or influence (as at end of April 2016) and operates from a network of offices across the United Kingdom and internationally on the Isle of Man.

Corporate Broking: providing corporate finance, research, and fund raising capabilities to quoted small and mid-cap companies, including a full Nominated Adviser ("NOMAD") service to the majority of its corporate clients. WHIreland is ranked 4th largest NOMAD and corporate broker, by number, of AIM clients.

About the SEI Wealth Platform(SM) 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 organisations with the infrastructure, operations, and administrative support necessary to capitalise on their strategic objectives in a constantly shifting market. The SEI Wealth Platform supports trading and transactions on 135 stock exchanges in 52 countries and 36 currencies, through the use of straight-through processing and a single operating infrastructure environment. For more information, visit: http://www.seic.com/enUK/banks/288.htm.

About SEI SEI (NASDAQ: SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2016, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $684 billion in mutual fund and pooled or separately managed assets, including $265 billion in assets under management and $419 billion in client assets under administration. For more information, visit http://www.seic.com/enUK/index.htm.

This information is issued by SEI Investments (Europe) Ltd, 1st Floor, Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, which is authorised and regulated by the Financial Conduct Authority.

Company Contact:
Caroline Deutsch
SEI
+44 (0)203 810 7561
[email protected]

Media Contact:
Mark Gee/Sam Hunter
MRM
+44 020 3326 9914
[email protected]

Source: SEI



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