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HSBC private banking unit renews relationship for SEI Global Wealth Services


SEI’s initial client for its Global Wealth Services, HSBC Private Bank (UK), has signed an extension to its contract cementing their relationship with SEI through June 2015.

The relationship, which began in the summer of 2007, marked the first external contract for SEI’s Global Wealth Services (GWS).

This key relationship with HSBC Private Bank (UK) has helped solidify SEI’s position in the UK market and further grow the company’s offering to a broader segment of clients.

The contract extension means that GWS will continue to power HSBC’s UK private banking offering for three additional years.

At the core of SEI’s offering is its Global Wealth Platform, which provides HSBC with a single, scalable, and integrated wealth-management infrastructure to manage client portfolios.

Ryan Hicke (pictured), managing director, SEI’s Global Wealth Services UK, says: "The HSBC contract extension comes at an exciting time for SEI Global Wealth Services. As we continue to grow within the UK market, we are pleased to deepen our relationship with our earliest adopter, HSBC, which has been a vital partner to SEI as we refine our services and strengthen our offering."

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