American firm SEIOO has announced the launch of its SEI Developer Portal.
The solution offers SEI’s suite of application programming interfaces (APIs). These are for web, mobile, single-page and client/server development.
In addition, the portal aids the company’s strategy to streamline platform integration across clients, strategic, and third-party technology and data providers.
Furthermore, the SEI Developer Portal is designed to arm developers with tools and content to integrate features and functionality. It aims to do this with registered applications, API keys/secrets and SEI’s various licensed API products.
Pennsylvania-based SEI has developed more than 50 API products. Developers catering to wealth and investment management markets utilise APIs to gain improved interoperability, increased reusability, sandbox environments, and standard interfaces.
“We recognise that firms want to leverage their strong, in-house development expertise to build applications, yet those applications still require third-party integration. The SEI Developer Portal provides fast, flexible and secure integration with SEI’s core business services and client data, mutually reducing development timelines and expenses,” said Jim Warren, Senior Vice President and Head of Platforms and Solutions for SEI’s Global Wealth Management Services.
“APIs are products, consumed by developers. Our goal is to build APIs for our customers’ needs, simplifying integration in the wealth and investment management markets.”
As of September 30 2019, through subsidiaries and partnerships, SEI manages, advises or administers $1trn.
In July 2019, HSBC Private Banking turned to wealth management software provider Finantix in order to introduce a new global client wealth management portal.
According to Finantix, the launch was the result of a close collaboration with the bank to offer “Finantix Components business logic, insights, user journey standards and interfaces with its core banking platform”.
At present, the solution has been launched in the UK, but there are plans for a broader roll-out later.
Earlier that month, Deutsche Bank Wealth Management tapped Finantix for an AI-powered KYC solution.
Currently, Deutsche Bank has made the solution available in Germany and plans to launch it in the US.