British investment management firm Tilney has extended its contract with SEI for wealth platform for a additional six years.
The two firms have already worked together for the past six years and the new agreement will extends their relationship to December 2023.
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Under the agreement, Tilney will use the SEI Wealth Platform as the default option for future new clients.
The platform will power Tilney’s wealth management infrastructure and enable the company to offer latest technology and service to its clients, the technology vendor said.
Commenting on the deal, Tilney Group CEO Peter Hall said: “We have grown significantly over the last several years and now support over 100,000 clients with £23 billion of assets. The SEI Wealth Platform has been a valued strategic partner in helping us integrate our acquisitions and we look forward to continuing our relationship with SEI over the coming years.”
Brett Williams, managing director, SEI Wealth Platform, UK Private Banking said: “SEI’s relationship with Tilney and others demonstrates the Platform’s success in providing a comprehensive, integrated solution that supports clients’ business growth and customer service delivery. Tilney’s commitment to extend the contract is a testament to the close working relationship with Tilney and the strength of SEI’s service. We look forward to continuing to work with Tilney over the next six years and beyond.”
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