SEI Archway Releases Third Round of Product Upgrades in 2018

August 2018 > SEI Archway Releases Third Round of Product Upgrades in 2018

SEI Archway Releases Third Round of Product Upgrades in 2018

Posted: 8/07/2018

SEI Archway Releases Third Round of Product Upgrades in 2018
 
INDIANAPOLIS, August 7, 2018 – SEI Archway, an Indianapolis-based provider of technology and technology-enabled services to family offices and financial institutions, released its third round of upgrades to its product suite this year.
 
The most recent product upgrade focused on introducing new accounts payable and investor management capabilities to the platform. Accounts payable enhancements featured in the release include centralized ACH configuration preferences to provide greater flexibility when creating system-generated ACH files as well as additional document storage options and improved notification capabilities. Designed to streamline investor-level tracking and reporting, SEI Archway also introduced new capital movement tracking methodologies alongside more granular fee accrual configuration options and improved investor data input functionality.
 
“With the release of our 3rd product upgrade of 2018, we are pleased to continue with our active product development agenda and bring a significant number of valuable new features into the application,” said Ryan Laughon, President of SEI Archway. “The July product upgrade brought additional efficiencies to our accounts payable functionality and further strengthened our platform’s partnership accounting capabilities which are both heavily used areas of the application by our clients.”
 
Other enhancements include improved search capabilities throughout the platform as well as enhancements to more than a dozen Client Statement reports including redesigned account consolidation features and additional report display options.

About SEI Archway
SEI Archway is a technology firm whose software solution supports the accounting, investment management and reporting functions for family offices, private banks, private wealth advisors and alternative asset managers. SEI Archway’s primary objective is to help private wealth management firms better serve their ultra-high-net-worth clients through a single, integrated technology offering.

SEI Archway’s proprietary software solution is designed to efficiently handle complex partnership, portfolio and corporate accounting alongside bill payment, investment management and multi-asset class data aggregation. Clients can choose to operate the web-hosted technology platform themselves through a software-as-a-service deployment or leverage SEI Archway’s high-touch client service team for fully outsourced consolidated investment reporting, bill payment and partnership accounting services.

Founded in 2002 as Archway Technology Partners, the firm was acquired in July 2017 by SEI, forming SEI Archway.

About SEI
Now in its 50th year of business, SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of June 30, 2018, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $882 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $331 billion in assets under management and $545 billion in client assets under administration. For more information, visit seic.com.