SEI Announces A Strategic Investment Of $10M In TIFIN, A Leading Innovation Platform Accelerating The Adoption Of Artificial Intelligence
Portfolio Pulse from Benzinga Newsdesk
SEI (NASDAQ:SEIC) has made a strategic investment of $10 million in TIFIN, an innovation platform focused on accelerating the adoption of artificial intelligence in wealth management. This partnership aims to enhance client experiences, support business growth, and foster industry talent and innovation through rapid solution delivery, market innovation access, and talent development. SEI's scale and TIFIN's AI expertise are expected to accelerate value and growth in the financial services industry.
February 21, 2024 | 2:04 pm
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SEI's $10 million investment in TIFIN aims to leverage AI for enhancing wealth management solutions, indicating a strategic move to foster growth and innovation in financial services.
SEI's investment in TIFIN is a significant move to integrate AI into wealth management, aiming to improve client experiences and business growth. This strategic partnership is likely to be viewed positively by investors as it demonstrates SEI's commitment to innovation and growth in the rapidly evolving financial services industry. The investment and collaboration with TIFIN are expected to accelerate the development and delivery of AI-driven solutions, potentially leading to increased competitiveness and market share for SEI.
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