Bringing you live news and features since 2006 

Centier Bank signs contract extension with SEI Wealth Platform


Centier Bank (Centier) has extended its contract with SEI Wealth Platform  company for an additional three years. The new agreement will continue the successful relationship between the two companies until at least 2020.

Centier has been an SEI client for 18 years and was converted to the SEI Wealth Platform (the Platform) in January 2013. At that time, Centier was the first US bank client to adopt SEI's fully-integrated, single-infrastructure wealth management platform. Through the extension of this strategic partnership, SEI will continue to provide Centier with investment and back-office core processing services, as well as outsourced management services and client services solutions. 

"We are extremely happy to expand our relationship with Centier Bank," says Al Chiaradonna, Senior Vice President, SEI Wealth Platform, North America Private Banking. "In today's wealth management landscape, modern systems and solutions are necessary to help wealth managers reduce risk and execute plans to grow their businesses. SEI aims to help Centier grow by providing the bank with flexible, simplified technology infrastructure, which allows for faster response times and embedded efficiencies. It's our goal to help our clients integrate disconnected processes and programs, giving them the required ability to focus on actual wealth management and increasing their overall revenue."

"When we converted to the SEI Wealth Platform in 2013, we were excited to employ the high levels of customisation, configuration, and approval functions offered by the Platform to better unify our systems and processes," says Timothy Coleman, Senior Vice President and Director of Wealth Management, Centier Bank. "We need partners who understand the industry, embrace innovation, and will work with us as we continue to grow. We have this type of partnership with SEI and we look forward to continuing our work with them.

Latest News

ETF transaction volumes at SIX Swiss Exchange continued a positive trajectory during Q1 2024, the firm says, writing that, in..
Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by