OAKS, Pa., May 18 /PRNewswire-FirstCall/ -- SEI (Nasdaq:
SEIC) announced today that the company was selected by The
Corporate Executive Board (CEB) (Nasdaq: EXBD) to be the focus of a
vendor management case study. The study, entitled SEI
Financial: Distributed Vendor Management, highlights SEI's
industry-leading end-to-end vendor management process.
The case outlines SEI's process for selecting, managing, and
mitigating the risks of working with vendors of different size and
criticality. It demonstrates how a single process, designed
to ensure vendor compliance with SEI's data security and business
continuity standards, can still allow for business unit innovation
and agility. This study was published mid-April in the CIO
Newsletter email that is delivered to the entire CIO Executive
Board Membership. The CIO Executive Board includes senior
executives with a shared commitment to support enterprise-wide IT
initiatives and is a program of the Corporate Executive Board.
"Realizing that vendors are an integral part of the overall
solution value chain, SEI strives to select and partner with
vendors that will provide a positive experience to our clients,"
said Peter Quinn, Director of SEI's
Vendor Management Office. "We are gratified to be recognized
by the CEB as having a best practice for the process we follow in
managing our vendors."
"What makes SEI's process so unique and educational is that it
enables individual business units to be very responsive to client
needs, while also adhering to corporate-wide standards and policies
for vendor management. By focusing on these key elements,
SEI's vendor management process mitigates risk without sacrificing
flexibility, which is why we selected them to share this model with
our membership," said Beatrix
Schrottner, a Project Manager at the Corporate Executive
Board.
For a copy of the full case study, please contact Cid Szegedy at
the Corporate Executive Board, cszegedy@executiveboard.com.
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,
2009, 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.
About The Corporate Executive Board
The Corporate Executive Board Company drives faster, more
effective decision-making among the world's leading executives and
business professionals. As the premier, network-based knowledge
resource, it provides them with the authoritative and timely
guidance needed to excel in their roles, take decisive action and
improve company performance. Powered by a member network that spans
over 50 countries and represents more than 85% of Fortune 500, The
Corporate Executive Board offers the unique research insights along
with an integrated suite of members-only tools and resources that
enable the world's most successful organizations to deliver
superior business outcomes. For more information, visit
www.exbd.com.
SOURCE SEI