Products January 10, 2004
Partnership Announces Automated Fixed-Incoming Trading Product
October 25, 2002 (PLANSPONSOR.com) - SEI Investments
and Bonds Direct Securities LLC have partnered to develop an
automated fixed-income trading platform.
Reported by Eric Hazard
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.