News Facts
SEI (Nasdaq: SEIC), a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions, is using
Oracle Linux for its new SEI Wealth Platform, to deliver wealth management solutions to its customers.
SEI’s wealth management solutions are delivered to banks, trust companies, independent wealth advisers, investment advisors, and other financial services firms worldwide. SEI processes more than 1.6 million wealth management accounts (as of December 31, 2012).
As SEI continues to develop its highly competitive technology platform and deploy new applications to its global customer base, Oracle Linux provides them with the flexibility and scalability to meet current client demands as well as achieve future growth.
Oracle Linux has helped SEI create significant efficiencies – including reducing its patching processes from days to hours and has helped to significantly improve application response times – which also contributed to operational business process improvements.
To help ensure their infrastructure continues to run at peak performance with virtually zero downtime or service interruption, SEI leverages
Ksplice zero downtime kernel updates technology available to
Oracle Linux Support customers.
Supporting Quotes
"SEI values Oracle, which is helping us drive an industry-leading departure from legacy, mainframe-based solutions to a more modern infrastructure,” said Martin Breslin, Senior Infrastructure Architect, SEI. “Oracle Linux gives SEI the stability and performance our business processes require. Additionally, it allows us to scale to meet company growth and customer demands, while increasing efficiency and effectiveness.