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SEI Adds KKR to Alternative Investments Access Platform

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SEI (NASDAQ:SEIC) has announced the addition of KKR investment vehicles to its alternative investments access platform. This platform provides registered investment advisors, broker-dealers, and their clients access to private markets investments. SEI's e-subscription technology aims to increase access to alternative investments, improve processing efficiency, and enhance the advisor and client experience.

The move comes as investments in alternative assets are projected to grow by $1.2 trillion over the next four years, with 85% of wealth managers expecting to increase allocations to alternative asset classes within the next year. SEI's platform addresses operational challenges that have impeded the adoption of alternatives, combining electronic subscription documents, proprietary firm paperwork, custodian forms, and e-signature capabilities.

SEI's alternatives platform is currently used by over 250 wealth management firms and 165 fund managers, processing more than $4.3 billion in alternatives transactions across over 19,000 subscriptions.

SEI (NASDAQ:SEIC) ha annunciato l'aggiunta di veicoli di investimento KKR alla sua piattaforma di accesso agli investimenti alternativi. Questa piattaforma fornisce accesso a investimenti nei mercati privati a consulenti finanziari registrati, broker-dealer e ai loro clienti. La tecnologia di e-sottoscrizione di SEI mira ad aumentare l'accesso agli investimenti alternativi, migliorare l'efficienza dei processi e migliorare l'esperienza per i consulenti e i clienti.

Questa mossa arriva mentre si prevede che gli investimenti in asset alternativi cresceranno di 1,2 trilioni di dollari nei prossimi quattro anni, con l'85% dei gestori patrimoniali che si aspetta di aumentare le allocazioni verso le classi di attivi alternativi entro il prossimo anno. La piattaforma di SEI affronta le sfide operative che hanno ostacolato l'adozione delle alternative, combinando documenti di sottoscrizione elettronici, la documentazione proprietaria della società, moduli del custode e funzionalità di firma elettronica.

La piattaforma di investimenti alternativi di SEI è attualmente utilizzata da oltre 250 aziende di gestione patrimoniale e 165 gestori di fondi, elaborando oltre 4,3 miliardi di dollari in transazioni alternative attraverso oltre 19.000 sottoscrizioni.

SEI (NASDAQ:SEIC) ha anunciado la adición de vehículos de inversión de KKR a su plataforma de acceso a inversiones alternativas. Esta plataforma proporciona acceso a inversiones en mercados privados para asesores de inversión registrados, corredores de bolsa y sus clientes. La tecnología de e-suscripción de SEI tiene como objetivo aumentar el acceso a inversiones alternativas, mejorar la eficiencia del procesamiento y enriquecer la experiencia del asesor y del cliente.

Esta medida se produce en un momento en que se prevé que las inversiones en activos alternativos crecerán en 1,2 billones de dólares en los próximos cuatro años, con un 85% de los administradores de patrimonio esperando aumentar sus asignaciones a clases de activos alternativos en el próximo año. La plataforma de SEI aborda los desafíos operativos que han obstaculizado la adopción de alternativas, combinando documentos de suscripción electrónica, papeleo propietario de la empresa, formularios de custodia y capacidades de firma electrónica.

La plataforma de alternativas de SEI es utilizada actualmente por más de 250 empresas de gestión de patrimonio y 165 administradores de fondos, procesando más de 4,3 mil millones de dólares en transacciones alternativas a través de más de 19,000 suscripciones.

SEI (NASDAQ:SEIC)는 KKR 투자 수단을 대체 투자 접근 플랫폼에 추가한다고 발표했습니다. 이 플랫폼은 등록된 투자 고문, 중개상 및 그들의 고객에게 사모 시장 투자에 대한 접근을 제공합니다. SEI의 전자 구독 기술은 대체 투자에 대한 접근을 증가시키고, 처리 효율성을 개선하며, 고문과 고객의 경험을 향상시키는 것을 목표로 합니다.

이번 결정은 대체 자산에 대한 투자가 향후 4년 동안 1.2조 달러 증가할 것으로 예상되며, 85%의 자산 관리자가 다음 해에 대체 자산 클래스에 대한 할당을 늘릴 것으로 예상하고 있습니다. SEI의 플랫폼은 전자 구독 문서, 독점 회사 서류, 수탁자 양식 및 전자 서명 기능을 결합하여 대체 투자 도입을 방해하는 운영적 문제를 해결합니다.

현재 SEI의 대체 투자 플랫폼은 250개 이상의 자산 관리 회사와 165명의 펀드 관리자에 의해 사용되며, 19,000건 이상의 구독을 통해 43억 달러 이상의 대체 거래를 처리하고 있습니다.

SEI (NASDAQ:SEIC) a annoncé l'ajout de véhicules d'investissement KKR à sa plateforme d'accès aux investissements alternatifs. Cette plateforme fournit un accès aux investissements sur les marchés privés pour les conseillers en investissement enregistrés, les courtiers et leurs clients. La technologie de souscription électronique de SEI vise à accroître l'accès aux investissements alternatifs, à améliorer l'efficacité du traitement et à enrichir l'expérience des conseillers et des clients.

Cette décision intervient alors que les investissements dans les actifs alternatifs devraient croître de 1,2 trillion de dollars au cours des quatre prochaines années, avec 85 % des gestionnaires de patrimoine s'attendant à accroître leurs allocations aux classes d'actifs alternatifs dans l'année suivante. La plateforme de SEI traite les défis opérationnels qui ont entravé l'adoption des alternatives en combinant des documents de souscription électroniques, des papiers administratifs propriétaires, des formulaires de dépositaire et des capacités de signature électronique.

La plateforme alternative de SEI est actuellement utilisée par plus de 250 entreprises de gestion de patrimoine et 165 gestionnaires de fonds, traitant plus de 4,3 milliards de dollars en transactions alternatives à travers plus de 19 000 souscriptions.

SEI (NASDAQ:SEIC) hat die Hinzufügung von KKR-Investitionsvehikeln zu seiner Plattform für den Zugang zu alternativen Investitionen bekannt gegeben. Diese Plattform bietet registrierten Finanzberatern, Broker-Dealern und deren Kunden Zugang zu privaten Marktinvestitionen. Die E-Subskriptions-Technologie von SEI zielt darauf ab, den Zugang zu alternativen Investitionen zu erhöhen, die Verarbeitungseffizienz zu verbessern und das Erlebnis für Berater und Kunden zu optimieren.

Dieser Schritt erfolgt vor dem Hintergrund, dass Investitionen in alternative Vermögenswerte voraussichtlich um 1,2 Billionen US-Dollar in den nächsten vier Jahren wachsen werden, wobei 85% der Vermögensverwalter erwarten, dass sie ihre Zuteilungen an alternativen Vermögensklassen im nächsten Jahr erhöhen. Die Plattform von SEI geht operative Herausforderungen an, die die Einführung von Alternativen behindert haben, indem sie elektronische Subskriptionsdokumente, firmeneigene Unterlagen, Depotbankformulare und E-Signaturmöglichkeiten kombiniert.

SEIs Plattform für alternative Anlagen wird derzeit von über 250 Vermögensverwaltungsgesellschaften und 165 Fondsmanagern genutzt und verarbeitet mehr als 4,3 Milliarden US-Dollar an alternativen Transaktionen über mehr als 19.000 Subskriptionen.

Positive
  • Addition of KKR investment vehicles to SEI's alternative investments access platform
  • Platform used by over 250 wealth management firms and 165 fund managers
  • Processed more than $4.3 billion in alternatives transactions across over 19,000 subscriptions
  • Acquisition of Altigo, enhancing platform capabilities
Negative
  • None.

Insights

SEI's expansion of its alternative investments platform with KKR's addition is a strategic move in a rapidly growing market. With projected growth of $1.2 trillion in alternative assets over the next four years, SEI is positioning itself to capitalize on this trend. The platform's e-subscription technology addresses a critical pain point for 55% of managers who cite operational challenges as barriers to adopting alternatives.

The platform's success, processing over $4.3 billion in alternatives transactions across 19,000+ subscriptions, demonstrates strong market traction. SEI's recent acquisition of Altigo further strengthens its competitive position. However, investors should note that while this expansion presents growth opportunities, the alternative investments market can be volatile and subject to regulatory changes.

SEI's alternative investments platform leverages cutting-edge e-subscription technology to streamline a traditionally cumbersome process. The integration of electronic subscription documents, proprietary firm paperwork, custodian forms and e-signature capabilities creates a comprehensive digital ecosystem. This technological approach not only enhances efficiency but also significantly improves the user experience for advisors and clients.

The platform's adoption by 250+ wealth management firms and 165+ fund managers underscores its market validation. The Altigo acquisition further bolsters SEI's technological capabilities, potentially leading to enhanced features and scalability. However, as with any fintech solution, ongoing investment in cybersecurity and regulatory compliance will be important to maintain trust and market position.

Industry Trend for Increased Access to Alternatives Presents Growth Opportunity

OAKS, Pa., Sept. 10, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced that investment vehicles from KKR, a leading global investment firm, will be available on SEI's platform that provides registered investment advisors, broker-dealers, and their clients access to private markets investments. SEI's e-subscription technology is designed to provide increased access to alternative investments, greater processing efficiency, and an improved advisor and client experience.

With investments in alternative assets projected to grow by $1.2 trillion over the next four years,1 85% of wealth managers expect to increase allocations to one or more alternative asset classes within the next year.However, 55% of managers identified operational challenges such as paperwork or administrative tasks as impediments to adopting alternatives across their practice.2  

The platform's technology workflow combines electronic subscription documents, proprietary firm paperwork, custodian forms, and e-signature capabilities to help ensure fast and accurate alternative investment transaction processing.

Kevin Crowe, a Senior Vice President at SEI, said:

"Investor demand for alternative investments continues to increase, and this trend presents tremendous opportunity to broaden access to alternatives for advisors and wealth managers, while delivering the capabilities for enhanced portfolio diversification. With SEI's unmatched industry position, we build the cross-market connections that can enable this access, and we're thrilled to add KKR to our platform."

Currently used by more than 250 wealth management firms and 165 fund managers, SEI's alternatives platform has processed more than $4.3 billion in alternatives transactions across more than 19,000 subscriptions.3 In December 2023, SEI acquired Altigo, a cloud-based technology platform that provides inventory, e-subscription, and reporting capabilities for alternative investments.

1 "U.S. Alternative Investments 2022: Delivering Alternative Capabilities to Retail Investors," Cerulli Associates, 2022.
2 "The State of Alternative Investments in Wealth Management 2023," CAIS, Mercer, November 2023.
3 As of June 30, 2024.

About SEI®
SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of June 30, 2024, SEI manages, advises, or administers approximately $1.5 trillion in assets. For more information, visit seic.com.

Company Contact: 

Media Contact:

Emily Baldwin                                                     

Kerry Mullen

SEI                                                                     

Vested

+1 610-676-3262                                                 

+1 917-765-8720

ebaldwin@seic.com                                             

kerry@fullyvested.com

 

Cision View original content:https://www.prnewswire.com/news-releases/sei-adds-kkr-to-alternative-investments-access-platform-302242257.html

SOURCE SEI Investments Company

FAQ

What new investment vehicles has SEI (SEIC) added to its alternative investments platform?

SEI has added investment vehicles from KKR, a leading global investment firm, to its alternative investments access platform.

How much growth is projected in alternative asset investments according to SEI's (SEIC) announcement?

Investments in alternative assets are projected to grow by $1.2 trillion over the next four years, according to the press release.

What percentage of wealth managers expect to increase allocations to alternative asset classes, as mentioned in SEI's (SEIC) press release?

According to the announcement, 85% of wealth managers expect to increase allocations to one or more alternative asset classes within the next year.

How many wealth management firms and fund managers currently use SEI's (SEIC) alternatives platform?

SEI's alternatives platform is currently used by more than 250 wealth management firms and 165 fund managers.

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