Partnership Announces Automated Fixed-Incoming Trading Product

October 25, 2002 ( - SEI Investments and Bonds Direct Securities LLC have partnered to develop an automated fixed-income trading platform.

Using SEI’s platform, traders can see Bonds Direct’s fixed-income inventory, select a bond for evaluation and execute an order.  The transaction posts directly onto SEI’s custodial platform, Trust 3000, all in an automated process.

SEI is rolling out the new product to its banking clients currently and expects it to be operational early next year.