VASCO’s eSignLive Helps Digitize Onboarding for Private Funds and Wealth Managers with SEI Trade Integration
Incorporating eSignLive e-signatures into SEI Trade reduces paper-intensive, manual processes for subscription fulfillment
OAKBROOK TERRACE, IL — February 1, 2018 —VASCO® Data Security International, Inc. (NASDAQ: VDSI), a global leader in digital solutions including identity, security and business productivity, today announced that SEI Investment Company (NASDAQ: SEIC), a leading global provider of investment processing, investment management and investment operations solutions, has integrated eSignLive e-signatures into SEI Trade. SEI Trade is a secure web-based solution that streamlines and simplifies the onboarding, subscription and asset raising processes for private funds and wealth managers. Using eSignLive, SEI has integrated e-signatures into SEI Trade to digitize the manual paper-based administrative tasks typically associated with executing the offering materials and onboarding forms for private fund investing. Investment managers and their compliance officers can now initiate, review and approve each step of the subscription and onboarding process online in real time. “The differentiating features of eSignLive, including the ability to use our brand, the patented visual audit trail and security features, give our clients a comprehensive and seamless method to electronically execute the forms required during the investment process,” said SEI Investment Manager Services’ Vice President Solutions Strategy and Development, Jim Warren. “VASCO’s relationship with SEI reinforces what analyst firms are saying and our clients are confirming, that e-signature technology is a top investment area for financial services,” said VASCO CEO, Scott Clements. “eSignLive significantly streamlines and improves the investor experience while providing cost and time saving benefits.”
VASCO is a global leader in delivering trust and business productivity solutions to the digital market. VASCO develops next generation technologies that enable more than 10,000 customers in 100 countries in financial, enterprise, government, health care and other segments to achieve their digital agenda, deliver an enhanced customer experience and meet regulatory requirements. More than half of the top 100 global banks rely on VASCO® solutions to protect their online, mobile and ATM channels. VASCO’s solutions combine to form a powerful trust platform that empowers businesses by incorporating identity, fraud prevention, electronic signatures, mobile application protection and risk analysis.
About SEI's Investment Manager Services Division
Investment Manager Services supplies investment organizations of all types with advanced operating infrastructure they must have to evolve and compete in a landscape of escalating business challenges. SEI’s award-winning global operating platform provides investment managers and asset owners with customized and integrated capabilities across a wide range of investment vehicles, strategies and jurisdictions. SEI’s services enable users to gain scale and efficiency, keep pace with marketplace demands, and run their businesses more strategically. SEI presently partners with more than 300 asset owners and investment managers of traditional, alternative and hybrid structures representing $16.5 trillion in assets, including 36 of the top 100 managers worldwide. For more information, visit seic.com/ims.
SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of September 30, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $845 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $325 billion in assets under management and $516 billion in client assets under administration. For more information, visit seic.com. Copyright © 2018 VASCO Data Security, Inc., VASCO Data Security International GmbH. All rights reserved. VASCO®, CRONTO® and DIGIPASS® are registered trademarks of VASCO Data Security, Inc. and/or VASCO Data Security International GmbH in the U.S. and other countries.
Director of Global Public Relations
Media Relations Manager