The roll-out programme will start in the UK, where GWM has received the necessary permissions from the Financial Services Authority, International Adviser stated.
Later, they will expand to the Middle East and then Asia.
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CEO David Howell cited the multi-jurisdictional capabilities of the system and the culture, which combines a front and back office infused with technology, knowhow and back-up support as the reasons for having selected SEI.
Further, Howell added that when they compared the cost of Transact with SEI there was a 50% saving by using SEI and emphasized that the one common technology and processing partner would create a consistent approach.
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