SEI Investments Company

10/10/2024 | Press release | Distributed by Public on 10/09/2024 22:10

SEI Opens New Dublin Office Space to Support Global Growth

DUBLIN, 10 Oct. 2024 - SEI® (NASDAQ:SEIC) and IDA Ireland today announced the opening of SEI's new office space in Dublin, reinforcing the company's commitment to the European market and focus on driving strategic growth globally. SEI's Dublin operation has experienced significant growth over the last five years, increasing more than 125% in headcount.1 The office is now SEI's largest in Europe with more than 400 employees servicing its European clients and 9 out of its top-10 global clients as part of SEI's client-centric operating model.

Located in the heart of Dublin at One Charlemont Square, the office space was co-designed by the architect and SEI's employees. The office incorporates the latest in hybrid meeting technology with flexible meeting spaces and allows teams on the same floor to work cross-functionally, enabling collaboration and accessibility across all colleagues.

Bryan Astheimer, Head of SEI's Investment Managers business for EMEA, said:

"SEI sits at the intersection of technology, operations, and asset management. Our clients and their investors have benefitted from our solutions for more than 55 years-with nearly 30 of those years in Europe. As asset managers' needs increasingly become more complex, not only can we solve their challenges with our operational strength and sophisticated solutions, but our world-class talent also provides premier client service.

"We're thrilled IDA Ireland have supported us with the opening of our new office space in Dublin. Our new footprint is inspired by our employees and fosters a collaborative environment that enables us to continue nurturing our culture and enhancing the client and employee experience."

Minister Neale Richmond, Minister of Financial Services, added:

"SEI have been contributing to Ireland's financial services sector for many years now, and their commitment to Ireland has been hugely appreciated. I want to congratulate SEI on the opening of their new office space, now their largest in Europe, and wish them all the best on their future in Ireland."

Michael Lohan, CEO of IDA Ireland, said:

"Since opening their first Dublin office in 1995, SEI has contributed to Ireland's success and growth, and their continued investment in Dublin bolsters our country's position as a significant financial and economic hub. We wish them continued success with their contributions to the national and global financial sector."

1 Data as of 30 June 2024.

About SEI®

SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of June 30, 2024, SEI manages, advises, or administers approximately $1.5 trillion in assets. For more information, visit seic.com.

About IDA Ireland

As the national investment development agency for Ireland, we partner with companies worldwide to provide financial assistance, on-the-ground support and advice to help them establish and transform their operations in Ireland.

Our dedicated team supports multinational companies to realise investment opportunities through market insights and business environment analysis. Working across the knowledge economy, our tailor-made support offers instant access to the very latest information on talent acquisition, regulation, sustainability, incentives and turnkey property opportunities.