SEI UK Private Banking has extended its contract with Veritas Investment Management for another three years, securing the business of its current SEI Wealth PlatformSM UK clients. The two firms first partnered in 2011, and insiders say the deal will allow Veritas to cope with forthcoming "technological and regulatory disruption". In July, the SEI Wealth PlatformSM achieved the milestone of £30bn ($37.8bn) of "assets under administration", a rise of 19 percent on 2015.
SEI UK Private Banking has extended its contract with Veritas Investment Management for another three years, securing the business of its current SEI Wealth PlatformSM UK clients. The two firms first partnered in 2011, and insiders say the deal will allow Veritas to cope with forthcoming "technological and regulatory disruption". In July, the SEI Wealth PlatformSM achieved the milestone of £30bn ($37.8bn) of "assets under administration", a rise of 19% on 2015.