SEI Named Best Fund Administrator at Buy-Side Technology Awards 2009

By Sei, PRNE
Sunday, November 29, 2009

DUBAI, United Arab Emirates, November 30 - SEI (Nasdaq: SEIC) today announced that it has won the award for Best
Fund Administrator at the annual Buy-Side Technology Awards, held at the
Lanesborough Hotel, in Mayfair, London.

Commenting on the award, Steve Meyer, Executive Vice President, SEI, and
Head of SEI's Investment Manager Services division, said:

"We are proud to receive this award as it is a testament both to the
dedication of our employees and the high level of service we have
consistently provided to our clients, as well as the quality of the
technologically-advanced solutions we continue to develop to help our clients
succeed.

"As investment managers look for ways to form stronger, longer-lasting
client relationships, they have embraced providers who can help improve their
end-investor experience by way of increased transparency, risk mitigation,
and more meaningful reporting and communications. With investors,
particularly institutional, increasingly in the driver's seat, managers are
expected to provide increased levels of transparency across all aspects of
their business, and deliver more data and information more often. By their
relying on SEI as a strategic partner, we're able to provide managers with a
return on their operations, allowing them to focus on what's most critical to
them and their investors."

SEI has been at the forefront of providing back- and middle-office
solutions to investment managers worldwide. With a proven ability to deliver
leading-edge technologies and processes, SEI helps managers keep up with the
changing regulatory landscape, the growing demand for transparency, and the
changing needs of their businesses - all in a cost-effective and scalable
manner. Workflow technology underlies much of the functionality and
enhancements SEI delivers to investment managers, enabling them to adapt to
the changing demands of a growing institutional client base amid a heightened
regulatory and compliance-driven environment. Providing managers with the
tools to focus on their core competencies has served SEI well: over the past
18 months, SEI has grown assets under administration by over 30 percent.

Commenting on the recognition, Victor Anderson, Editor of Buy-Side
Technology, said:

"The fund administration industry has not been a happy place for many
participants over the past 18 months as funds under administration (AUA) have
shrunk alarmingly. Not only has SEI bucked this trend, but it's also leading
the way in terms of providing clients with end-of-day NAV and P&L reports.
These successes, combined with SEI's technology innovations, such as its
Manager Dashboard, is why SEI won Buy-Side Technology's inaugural Best Fund
Administrator award."

About SEI's Investment Manager Services Division

SEI's Investment Manager Services division provides total operations
outsourcing solutions to global investment managers focused on mutual funds,
hedge and private equity funds, exchange traded funds, collective trusts,
separately managed accounts and institutional and private client services.
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/enUK/investment-managers.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
September 30, 2009, through its subsidiaries and partnerships in which the
company has a significant interest, SEI administers US$383 billion in mutual
fund and pooled assets and manages US$156 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.

Services provided by SEI Investments - Global Fund Services Limited (Reg.
in Dublin No. 424309), SEI Investments Trustee & Custodial Services (Ireland)
Limited (Reg. in Dublin No. 315393), and their affiliates, which are all
wholly owned subsidiaries of SEI Investments Company.

SEI Investments - Global Fund Services Limited and SEI Investments
Trustee & Custodial Services (Ireland) Limited (Styne House, Upper Hatch
Street, Dublin 2, Ireland) are authorised by the Financial Regulator under
the Investment Intermediaries Act 1995.

This material is not directed to any persons where (by reason of that
person's nationality, residence or otherwise) the publication or availability
of this material is prohibited. Persons in respect of whom such prohibitions
apply must not rely on this information in any respect whatsoever.

Dana Grosser of SEI, +1-610-676-2459, dgrosser at seic.com; or Media Contact: Sue Mathews suem at penrose.co.uk, or Katy Hall, katyh at penrose.co.uk, both at +44-0207-786-4888, both of Penrose Financial

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