SEI Investments was looking for an IT solution partner who would help them with an integrated investment management solution. The objective was to attract new customers and also build a sustainable service portfolio for their advisor network and end investors. SEI selected Securities Processing solution from TCS BaNCS to attain this objective.
The Securities Processing solution from TCS BaNCS provided valuable benefits to SEI, including:
- An integrated and flexible platform with features to scale up and enhance functionality for future customers of SEI
- A single platform to serve multiple business units with multiple product and service packages designed for the market
- Leveraging economies of scale by utilizing common infrastructure for back-office operations.
- Interfacing with external entities as well as with front-office systems
- STP and automation of back-office operations and reduction of processing errors
- Increased operational efficiency and improved productivity levels
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