BMO Wealth Management (U.S.) has selected the SEI Wealth Platform to improve experience for its advisers as well as end clients.
SEI Wealth Platform is an integrated wealth management solution that facilitates client relationship management, including front-, middle-, and back-office services. Till date, 21 clients have adopted the platform.
Go deeper with GlobalData
SEI senior vice president of private banking Al Chiaradonna said: “There is an increased market need for modernisation through extended capabilities that provide integrated digital tools and automation, and this is evidenced by the consistently growing number of clients going live on the SEI Wealth Platform each year.”
BMO Wealth Management has been working with SEI since 2005 and currently uses the vendor’s legacy platform TRUST 3000. The wealth manager plans to switch to the new SEI platform in 2019.
BMO Wealth Management U.S. COO Sandra Henderson said: “The SEI Wealth Platform provides a comprehensive and unified solution that will enable our teams to engage in deeper collaborations to help our clients better achieve their financial goals.”
