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

Exberry launches multi-asset class exchange infrastructure

Exberry has launched its multi-asset class exchange infrastructure designed to enable traditional, alternative and digital asset exchanges to launch, pivot and scale. 

... Read more »

CQG Licenses Software Assets from Blue Trading Systems (BTS) to Deploy Exclusive, Robust Suite of Custom Algorithms, Low-Latency Spreader Environment

CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, today announced that it has... Read more »

Cassini Systems Named Best Margining Solution in FTF News Technology Innovation Awards 2020

Cassini Systems, the leading provider of pre- and post-trade margin and collateral... Read more »

Finastra and Hundsun ink strategic technology partnership to boost growing Chinese asset management industry

Finastra, a global financial technology firm headquartered in the UK, has today announced a... Read more »

Koine partners with GCEX to provide global client-base with ultra-secure segregated custody and settlement

Koine, the provider of segregated, institutional custody and settlement services for digital assets and fiat money, has integrated with digital broker GC Exchange Limited (GCEX... 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