Danske Bank Signs 3-Year Contract Extension With SEI Wealth Platform

SEI (NASDAQ:SEIC) UK Private Banking has announced that it has extended its contract for an additional three years with Danske Bank, the trading name of Northern Bank Limited and part of the Copenhagen-headquartered Danske Bank Group. Today’s announcement commits both organisations to working with each other until 2019, and involves SEI providing sophisticated portfolio-management functionality to Danske Bank Private Banking and Wealth Management Services in Northern Ireland. The extension will build on an existing relationship with SEI that goes back to 2011, and will ensure that Danske Bank stays at the forefront of technological innovation in servicing its clients. The announcement underlines SEI’s wider commitment to the UK market, and follows the company’s recent move to its new Finsbury Square offices.