SEI, a provider of outsourced asset management, investment processing and investment operations solutions, has announced that Johnson Bank has renewed its multi-year agreement with the company and as part of the agreement, SEI will continue to have operational responsibility for trust accounting and processing and other operational functions.
SEI will also provide a full suite of browser-based applications for customer administration, performance reporting, as well as institutional and private client account access and open architecture tools.
Brian Lucareli, senior vice president for Johnson Bank, said: We are focused on creating deep and trusting client relationships through superior service; to that end, SEI’s strategic vision aligns perfectly with ours. SEI’s innovations and ability to deliver straight-through business processes continue to allow us to increase our efficiency and focus on what we do best: serve our clients.
David Campbell, senior vice president of SEI’s private banking business, added: Johnson Bank is a long-standing and valued client and we’re extremely pleased to assist them in providing optimum value for their customers.