News in Brief
NEWS
Upgrades and launches
SEI to launch mutual fund service
SEI Investments, a Pennsylvania-based provider of asset management and investment processing systems, is due to launch a straight-through mutual fund processing solution. The firm intends to offer the solution on an outsourced basis to investment managers, investment advisors, independent trust companies, broker-dealers and national, regional and community banks, from the second quarter of 2003.
As part of the service, SEI has reached an
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