SEI Sphere to Drive Increased Operational Efficiency
OAKS, Pa., May 9, 2023 /PRNewswire/ — SEI® (NASDAQ:SEIC) today announced that Barrow Hanley Global Investors (Barrow Hanley) selected SEI SphereSM to migrate their core applications, platforms, and IT infrastructure to a Microsoft Azure cloud environment.
Barrow Hanley’s decision to move to the cloud stems from a forward-looking evolution in strategy to meet the growing needs of their clients, who will benefit from the full suite of cloud capabilities, dynamic scalability, improved operational resiliency, and enhanced alignment with regulatory compliance. Once the migration is complete, SEI will manage the cloud environment and provide the expertise necessary for ongoing operation.
Patricia Barron, Chief Operating Officer at Barrow Hanley, said:
“At Barrow Hanley, ensuring we back our investment capabilities with cutting-edge technology is core to our strategy. As we considered opportunities to transform our operational business model, we conducted a thorough search for cloud migration providers who could support our migration journey to the cloud.
“SEI Sphere’s comprehensive offering—paired with SEI’s heritage and stability as a global investments company—are unmatched. We’re able to confidently align our operations with a strategic partner who deeply understands asset management and the broader financial services industry, and we look forward to exploring how SEI can further support our enterprise-wide needs.”
Steve Bomberger, Head of SEI Sphere, said:
“We’re excited to support Barrow Hanley’s migration to the cloud and provide the real-time access to applications and data that can increase productivity, operational efficiency, and resiliency. From investment and wealth managers to institutional investors and investment advisors, we have a tremendous opportunity to deliver SEI Sphere’s comprehensive managed services to these markets—supporting their IT infrastructure to efficiently scale their businesses and drive growth.”
