The latest developments in technology products and investments in North America.

US Bank has adopted the SEI Wealth PlatformSM across its wealth management and investment services group.

SWP is a single-infrastructure technology solution that enables firms to transform the way in which they are organized and supports a “digital experience” for wealth managers and their clients.

As part of the process, US Bank will migrate its wealth management, institutional trust and custody, global corporate trust, global fund custody and investment advisor services businesses to SWP from SEI's legacy wealth management platform, TRUST 3000®. 

The deal is a coup for SEI because US Bank is the fifth-largest bank in the US.

More than 50 other organizations use the SWP offering.