SEI has been selected by AlphaOne Capital Partners to provide a complete outsourcing solution, including middle and back office services, for the firm's portfolio of investment products. AlphaOne is an equity money management firm founded by former Gartmore CEO, Paul Hondros.
Under the agreement, SEI will provide a range of services for AlphaOne's institutional and hedge fund accounts, including trade processing, investment accounting, daily cash and position reconciliations with custodians, daily and month-end performance measurement, and end-client reporting and billing. SEI will also host and maintain the firm's order management system. Additionally, SEI will provide back office services, including fund administration, accounting and investor servicing for two of AlphaOne's hedge funds. SEI's services also include full business continuity and disaster recovery capabilities.
News links in this part of globalcustody.net which relate to AlphaOne Outsources to SEI are immediately below:
global custody AlphaOne Outsources to SEI - this article
global custody AlphaOne Outsources to SEI - more stories
If you have found useful, you are sure to enjoy our wide range of resources. We bring you: news and events; rankings and ratings; and service providers. For easy access to our home page, click through to:
globalcustody.net