SEI goes live with Milestone Group’s pControl multi-asset solution for OCIOs

SEI goes live with Milestone Group’s pControl multi-asset solution for OCIOs
15.02.2017 09:00 am

SEI goes live with Milestone Group’s pControl multi-asset solution for OCIOs

Asset Management , Investment Management

Milestone Group, the global provider of investment technology and processing solutions for institutional investors, today announced that SEI (NASDAQ:SEIC) has selected its pControl multi-asset software platform to support the growth of its Outsourced Chief Investment Officer (OCIO) business.

pControl will initially administer the automated allocation of daily cash flows and rebalancing of complex portfolios for SEI’s Institutional Group. This will ensure the scalable implementation and delivery of SEI’s most sophisticated solutions. The solution helps OCIOs by leveraging the globally proven pControl multi-asset investment platform and has capabilities spanning front, middle and back office functions.

Kevin Matthews, Vice President and Managing Director, Solutions Team, SEI Institutional Group, said: “As one of the largest OCIOs, SEI is always looking for ways to improve how we deliver services to our clients. We reviewed a number of options, but pControl stood out as the solution that best supports our business and the complex multi-asset structures that we manage. pControl brings flexibility, efficiency and scalability to this operation, allowing SEI to focus on client delivery, and developing sophisticated products and strategies and getting them to market quickly.”

John Herlihy, Director of Business Development for Milestone Group in North America added: “The OCIO market in North America is growing rapidly, and organizations are looking to get the technology infrastructure right for now and the future. Our pControl OCIO Solution represents a fresh approach and has been described as the most complete solution available to OCIOs seeking to scale their business. We are excited to be partnering with SEI on this project.”

Related News

Coin Metrics Raises $6M

Coin Metrics, the leading provider of Cryptoasset Data and Infrastructure for institutional investorsannounced today that it completed a $6 million... Read more »

GDF Supercharges Global Regulatory Affairs Capability With New Partnership & Four Senior Appointments

Global Digital Finance (GDF), the industry body advocating and accelerating the adoption of digital assets, today announces... Read more »

43% of pension schemes are ill-equipped to report on their ESG policy

More than two fifths (43%) of UK based trustees and pension managers do not feel properly equipped to monitor and report on their pension schemes’ ESG policy to a high standard... Read more »

Aegon UK goes live on thinkFolio Managed Service from IHS Markit to support its new multi-asset fund range

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that ... Read more »

T. Rowe Price, Allianz Global Investors, Schroders, Credit Suisse International and Exane BNP Paribas join Plato Partnership

Plato Partnership, the not-for-profit company bringing real innovation to today’s European equites marketplace, is excited to announce that T. Rowe Price, Allianz Global... Read more »

Digivault receives UK Government-backed seal of approval on cyber security measures

Digivault, a secure digital asset custody provider, announced today its successful completion of the Cyber Essentials... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel