Blockchain
SEI Welcomes 7,400 Advisor Clients to the SEI Wealth Platform
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SEI (NASDAQ: SEIC) today announced that the company’s 7,400 Independent Advisor Solutions clients in the U.S. are now live on the SEI Wealth PlatformSM (the Platform), a fully-integrated, single-infrastructure technology solution that supports an end-to-end, seamless experience, including front-, middle- and back-office services, for wealth management providers and their clients. Over 340,000 accounts*, totalling over $58.7 billion in assets under management* (AUM), converted to the Platform over a series of 12 migration periods.
“Our 50-year heritage is founded upon our commitment to helping our global clients transform their businesses, while transforming our own. In recent years, we have turned challenges into tailwinds, propelling us forward into new potential markets,” said Wayne Withrow, Executive Vice President of SEI and Head of Independent Advisor Solutions by SEI. “As the market’s digital demands continue to increase, advisors are seeking to retire legacy systems and upgrade infrastructure to meet their clients’ needs. The SEI Wealth Platform provides a modernized solution that helps independent advisors adapt in our rapidly evolving industry, remain competitive in the face of mounting challenges – from fee compression to consolidation – and deliver an enhanced, holistic wealth management experience for advisors to help clients reach their financial goals.”
Built from the ground up to support portfolio management and construction – not products, the Platform features integrated and simple, intuitive tools to support a truly robust, goals-based, financial planning approach. SEI’s business enterprise platform and its dynamic dashboards are built around a customized advisor experience, highlighted by the following:
- One of the only unified managed account structures that provides an aggregated household view of the client and enables advisors to manage multiple models within a single account
- Straight-through processing that alleviates manual trade and settlement date reconciliation
- Web-based, real-time tax impact to support model management
- Real-time, model management and “what if” analysis
- Customizable views of a firm’s AUM, fee revenue and IRA services
- Flexible reporting and streamlined communication for enhanced oversight of and insight into clients’ investments
“At a time when custodians and fintech businesses are looking to integrate more technology into every advisory practice, it can be challenging to sort through all the options. The SEI Wealth Platform’s breadth of capabilities within a single enterprise platform truly makes it unique,” said Jereme Ransick, Chief Operating Officer of Principled Wealth Advisors of Covington, Kentucky. “We are excited to continue our 15-year relationship with SEI and have a strategic partner to support streamlining our operations, overcoming market challenges, and better serving our clients.”
Anticipating a major shift in the global wealth management industry, SEI launched the SEI Wealth Platform in the U.K. more than a decade ago. With the addition of SEI’s U.S.-based advisor clients and SEI Private Wealth Management’s ultra-high-net-worth clients, the Platform continues to gain significant market momentum. Of the 48 signed global private banking clients, 38 firms are installed and another 10 U.S. banking clients are in various stages of implementation.
SOURCE SEI
Blockchain
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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