SEI Rolls Out Collateral Management Support for OTC Products

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Oaks, PA-based fund administrator SEI has announced that its Investment Manager Services operation has expanded its middle-office outsourcing services to include collateral management for OTC derivatives, providing its asset management clients with a more automated, controlled, and independent method by which to manage their counterparty exposure.

SEI will perform the daily collateral management functions on behalf of its clients, including managing and electronically storing legal agreements

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