OAKS, Fintech Sei based on Pa. has started an alternative investment market aimed at wealth managers and financial advisers.
Part of SEI Access, the new digital market and the education forum allows users strategy and research funds. It also includes the functionality of reconciliation processing, allowing councilors to buy market funds through electronic reconciliation documents, documents of owner firms, forms of guardian and electronic signature tools.
It is also trying to use its position as a leading administrator of American private assets. Since December 31, 2024, Sei Access has processed more than $ 4.9 billion in ALTS transactions
“Sei's approach not only provides automated processing power, but will provide wider access to alternative investment of demand, increase transparency and strong educational means to help advisers make secure, personalized financial decisions that comply with their clients' property,” said Kevin Crowe, SEI and SEI statement.
The SEI market includes products from the Constitution Capital partners, Golub, Neuberger Berman, Openvc, Stepstone Group, Tall Trees Management Capital, Cantor Fitzgerald, Capital Square, Investx and others.
It also builds on Sei's December 2023 Altigo's PurchaseA Cloud -based technological platform that provides inventory, electronic description and reporting for alternative investments.
Since December 31, 2024, SEI Access supports more than 250 asset management firms and 165 fund managers, providing approximately 300 alternative investment funds.
Measures follows SEI's purchase in December of LifeyeldA tax optimization software company. This agreement was intended to ensure that SEI and its client's advisory firms with real -time, automated, unified managed household skills.
A few months ago, Sei seigpt startedIts new framework for the construction of AI generating applications.
The SEI movement comes amidst a number of news announcements from Alts platforms. Last week, cais announced a new leadership structure The name of Tim Shannon and Brad Walker as co-presidents of the company. That followed Announcing a new skill To allow councilors to integrate and manage alternative investments within third -party assets management platforms and managed account platforms.
In other news, Financial LPL launched LPL ALTS ConnectA full -service platform where advisers can research, buy and manage alternative investments.
Meanwhile, InvestCloud, a technology provider for the advisory and wealth management market, said alternative assets manager Apollo Global Management AS A founding partner in the InvestCloud private market account networkan initiative that combines public and private resources within a single platform.
In addition, APEX Fintech Solutions announced it was The launch of APEX AltsA platform for administering alternative investments, with a planned start to the end of the second quarter.
Finally, Addepar, a provider of the technology platform for RIAS and wealth managers, announced the beginning of some new tools and featuresincluding ALTS data management, private funding standards and money flow forecasts within navigator.