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.