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Regions Bank goes live on SEI’s Wealth PlatformSM

Alabama-based Regions Bank has gone live on SEI’s Wealth PlatformSM, following an 18-month implementation cycle.

Regions Bank selected the system because “it provides a unified solution that is fully-integrated across the advisor and client experience,” according to the vendor. SEI revealed that it has recently added upgraded functionality to the system, including an “expanded” front office experience.

“We are excited to offer our clients a personalized and streamlined online experience to help them meet their financial goals,” said Bill Ritter, senior executive vice president and head of the Regions Wealth Management Group.

“This new and enhanced platform benefits all clients across the Wealth space including private wealth, institutional services and asset management, while also increasing operational efficiencies.”

Al Chiaradonna, senior vice president for the SEI Wealth Platform in North America, added: “With so much change happening around us, it is an exciting time to be in financial services. We look forward to helping Regions grow its business and learning from them, so we can continue to develop innovative solutions to meet the evolving needs of financial services firms and their clients.”

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