The latest technology news in the wealth management sector from around the world.

SEI, LifeYield
SEI, the US-headquartered investment and tech solutions group, has announced enhanced unified managed household capabilities within its wealth platform. 

The improvements have come through a strategic partnership with LifeYield®, a Software-as-a-Service (SaaS) provider. 

The new service provides UK wealth managers and US private banks and trust companies with the ability to deploy a single investment model across multiple accounts within the same household.

“The complexity of investors’ portfolios continues to increase – especially in today’s economic environment,” Rob Wrzesniewski, head of global solutions for SEI’s private banking business, said.

As of September 30, SEI manages, advises, or administers about $1.2 trillion in assets.