According to SEI, the solution, which leverages the independent valuation and pricing models of major third-party pricing providers, and is designed to provide managers with more accurate and independent pricing verification.
The solution is the latest in a series of developments by SEI to help managers address the challenges they are facing in valuing their investments due to rapid changes in liquidity and volatility in global securities markets, while meeting the growing investor demands for conflict-free transparency in a climate of increasing global regulatory and investor scrutiny.
SEI said that its enhanced offering provides managers with multi-source, independent asset pricing and valuation validation for all asset classes from more than 10 global providers in the industry.
As part of the offering, SEI has created a seamless reporting process where pricing reports are now made available through the company’s online Manager Dashboard tool. Among the reporting data that managers receive are valuation variance reports detailing price comparisons, model inputs and assumptions.
