SEI (NASDAQ:SEIC) UK Private Banking has announced that it has extended its contract for a further five years with the UK Wealth Management firm Bordier & Cie (UK) PLC. The new agreement will extend the successful relationship between the two companies until at least 2022.
Building on an existing five-year commercial relationship between both companies, the re-contract terms mean the SEI Wealth Platform will continue to provide integrated wealth-management infrastructure to Bordier, allowing the company to offer the best technological innovation and service to its clients.
Brett Williams, Managing Director, SEI Wealth Platform, UK Private Banking, said:
“The ability to deliver high-quality client service at a time of significant industry change is now the prime consideration for private banks and wealth managers. A crucial ingredient for firms wanting to meet this objective is the means to build scalability into their business models.
“We are delighted to be working with Bordier for a further five years. This new contract will allow us to help the business keep pace with its strategy for growth.”
Jamie MacLeod, Chief Executive, Bordier & Cie (UK) PLC, said:
“We appreciate the importance of having a partnership with a provider capable of offering solutions which will help us grow over the course of the next decade. The company anticipates rapid growth in the coming years and the SEI Wealth Platform strengthens our ability to respond to client needs swiftly and efficiently. We are delighted to extend the terms of our contract, and look forward to continuing our relationship with SEI.”