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SEI selects Bonaire’s revenue management and fee billing platform

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SEI has selected Bonaire Software Solutions’ Revport revenue management and fee billing platform.

Revport provides fee calculation and invoicing, as well as a management information capability.

The Bonaire solution aims to help SEI lower operating costs and improve efficiency through the replacement of manually intensive billing and receivables and collections processes.

It will also centralise fee-based revenue and accounting data, automate existing manually-based data consolidation, design workflow to further enhance controls and accuracy, and empower business-users to address their own reporting requirements.

"Revport represents a significant upgrade to our current revenue management and fee billing processes, plus it seamlessly integrates to our existing back office systems, and provides a comprehensive data repository to meet our needs," says Kevin Crowe, head of solutions, SEI adviser network.

"We are extremely proud of our new relationship with SEI and also having added another premier investment firm to our growing, global client base," adds John Bosley, chief operating officer of Bonaire. "Since 1999 we have built an enviable client-base comprising many of the world’s leading asset and wealth managers. They recognise our commitment to them and as such, have come to trust our products and services."

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