Trusted Data Provider Partnership Expands SEI's Risk Solution and Offers Hedge Funds Risk Reports through SEI's Manager Dashboard & Investor Portal OAKS, Pa., Dec. 15 /PRNewswire-FirstCall/ -- SEI (NASDAQ:SEIC) today announced it is collaborating with long-standing partner RiskMetrics Group (NYSE:RMG), a leading provider of risk management and corporate governance services to the global financial community, to provide its investment manager clients and their investors with in-depth, independent risk management and reporting services that will integrate directly into the company's flexible Manager Dashboard tool. This new offering enhances SEI's risk management solution and further addresses investment managers' critical needs for greater transparency and detailed risk reporting amid growing investor demands and regulatory complexity. As a result of the affiliation, SEI's investment manager clients will be able to join RiskMetrics' HedgePlatform Community, a network of hedge fund managers, fund of hedge fund managers, and institutional investors. As members of the HedgePlatform Community, SEI's clients will have access to an interactive application, RiskManager(TM) Investor Reporting, which allows them to create monthly summary reports that they can distribute directly to their prospects and investors inside and outside the community. In addition, these managers may allow member investors to aggregate their funds with others to view their overall risk profiles. The resulting summary analyses and reports are based on security-level positions, yet are produced without revealing actual underlying individual position details. Additionally, the in-depth risk management and reporting information will also be accessible directly via SEI's Manager Dashboard and Investor Portal. This functionality allows SEI to independently create enhanced risk and return reporting, providing managers with greater information transparency in a single integrated view. "This partnership gives our clients access to industry-leading risk reporting information, in addition to existing portfolio reporting SEI already generates, that they can view and manage directly from our dashboard and portal tools," said Phil McCabe, Senior Vice President and Solution Head, SEI's Investment Manager Services division. "By pairing the RiskMetrics' HedgePlatform Community with our robust data warehousing and technology tools, our hedge fund clients can increase the risk transparency they provide to their investors without increasing the amount of data they have to manage. This is a critical capability for managers in today's regulatory and increasingly demanding investor environment. RiskMetrics shares our commitment to strong data governance and transparency and we are pleased to partner with them." "SEI is a leading provider in the investment outsourcing space and we're excited to add their hedge fund clients to our HedgePlatform Community," said Brian Schmid, Head of RiskMetrics Group's Alternative Investments Business Strategy. "Now, not only can SEI enable their clients to provide summary risk reports to investors on a monthly basis, but they also are able to provide enhanced individualized reporting through their proprietary dashboard." Both SEI and RiskMetrics will jointly publish and maintain the list of asset classes covered through their partnership. To learn more about becoming a member of RiskMetrics' HedgePlatform Community, please visit: http://www.riskmetrics.com/hedgeplatform. About RiskMetrics Group RiskMetrics Group is a leading provider of risk management and corporate governance products and services to participants in the global financial markets. By bringing transparency, expertise and access to the financial markets, RiskMetrics Group helps investors better understand and manage the risks associated with their financial holdings. Our solutions address a broad spectrum of risk across our clients' financial assets. Headquartered in New York with 20 global offices, RiskMetrics Group services some of the most prestigious institutions and corporations worldwide. For more information, please visit, http://www.riskmetrics.com/. 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 http://www.seic.com/ims. 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 $383 billion in mutual fund and pooled assets and manages $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 http://www.seic.com/. DATASOURCE: SEI CONTACT: Dana Grosser, SEI, +1-610-676-2459, ; or Jason Rocker, Braithwaite Communications, +1-215-564-3200 x 110, ; or Sarah Cohn, RiskMetrics Group, +1-212-354-4643, Web Site: http://www.riskmetrics.com/hedgeplatform

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