Hedge Fund Technology Specialist Comada Selected by Leading Global Administrator SEI to Leverage Funds of Hedge Funds Risk Management Infrastructure

SOMERSET, Bermuda, July 13, 2010 - SEI (NASDAQ:SEIC), one of the leading global
providers of outsourced asset management, investment processing and
investment operations solutions, has selected financial software specialist
Comada to enhance the risk management services that will be delivered to the
company's investment manager clients via SEI's Total Liquidity Management(TM)
tool.

The strategic partnership, announced this week by Comada co-founders
Rupert Vaughan Williams and Dave Shastri, will see the implementation of
Comada's M.A.T.ware risk management capabilities into SEI's operations
platform to further enhance SEI's outsourcing services for hedge funds and
funds of hedge funds.

Said Rupert Vaughan Williams, "SEI was particularly interested in working
with us to address increasingly important liquidity issues that continue to
challenge the alternative investments industry in the wake of the credit
crunch, and to provide their hedge fund managers with further insight and
analytics into their portfolio construction process. We very much look
forward to working with SEI to continue to deliver client integration tools
in this area."

Comada is an established fund of hedge fund technology solutions group
and is responsible for the development of the award winning web based M.A.T.
Share portfolio and liquidity management product. The core infrastructure for
M.A.T.ware serves as a basis for both Comada's own products and
custom-designed industry solutions.

By seamlessly integrating the M.A.T.ware risk management application
features to SEI's existing platform, SEI will be able to deliver a web based
liquidity management solution that addresses time to cash analysis plus 'what
if' liquidity analysis over both the portfolio and investor sides of the
balance sheet.

Comada's Dave Shastri added: "We are delighted that the level of
granularity and presentation in our risk and liquidity analyses represented
the quality of information that SEI was seeking to provide its clients with."

Phil McCabe, Senior Vice President and Solution Head, SEI's Investment
Manager Services division, commented: "Liquidity management, particularly for
funds of hedge fund managers, has been of critical importance over the past
few years as managers and investors alike seek broader transparency and
holistic views of their investments. Integrating Comada's M.A.T.ware
application into our best-in-class solution enhances our front-office
offering and helps us deliver a way for managers to more accurately monitor
their cash availability in both an efficient and automated manner."

About Comada

Comada is a leading alternative investment technology group established
by seasoned funds industry professionals in 2004. Its M.A.T.ware technology
delivers fully integrated transaction-driven applications for hedge fund
services providers and managers. Comada's technology is focused on
integrating critical work flow processes to significantly enhance portfolio
and operational risk management capabilities through greater transparency and
accurate portfolio liquidity profiling. This is achieved by linking
administration and custody operations directly to hedge fund clients.

Comada's flagship product, M.A.T. Share, is already enjoying considerable
recognition as a scalable ground-breaking tool for industry participants
seeking advanced Straight Through Processing (STP) and integrated dynamic
client reporting capabilities.

www.comada.com

About SEI's Investment Manager Services Division

SEI's Investment Manager Services division provides comprehensive
operational outsourcing solutions to global investment managers focused on
mutual funds, hedge and private equity funds, exchange traded funds,
collective trusts, and separately managed, as well as institutional and
private client, accounts. The division applies operating services,
technologies, and business and regulatory knowledge to each client's business
objectives. Its resources enable clients to meet the demands of the
marketplace and sharpen business strategies by focusing on their core
competencies. The division has been recognized by Buy-Side Technology as
"Best Fund Administrator" and by HFMWeek as "Best Funds of Hedge Funds
Administrator." For more information, visit www.seic.com/enUS/im/303.htm.

About SEI

SEI (NASDAQ:SEIC) is a leading global provider of outsourced asset
management, investment processing and investment operations solutions. The
company's innovative solutions help corporations, financial institutions,
financial advisors, and affluent families create and manage wealth. As of
March 31, 2010, through its subsidiaries and partnerships in which the
company has a significant interest, SEI administers $394 billion in mutual
fund and pooled assets and manages $162 billion in assets. SEI serves
clients, conducts or is registered to conduct business and/or operations,
from numerous offices worldwide. For more information, visit
www.seic.com.

For further information, please contact: Stuart Fieldhouse, Comada,
sf at comada.com, +44(0)7793-882230, www.comada.com;
Dana Grosser, SEI, dgrosser at seic.com, +1-610-676-2459