Envision Provides Core Technology to Support Traditional and Alternative Asset Managers with Registered Fund Services
OAKS, Pa., June 30, 2026 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the expansion of its transfer agency solutions with the introduction of SEI Transfer Agency and Registry Services, Inc. to support a broader range of fund structures. Registered with the Securities and Exchange Commission (SEC), the transfer agency supports U.S.-based traditional and alternative asset managers offering SEC-registered, retail-distributed funds. It will leverage core technology from Envision Financial Systems (Envision), a leading investor accounting platform provider.
For 18 years, SEI's institutional transfer agency has supported a range of products, including CITs, servicing more than 1,100 funds representing $395 billion in AUM.1 SEI is expanding its current capabilities to include servicing for semi-liquid alternative investment funds, including '40 Act registered closed-end interval funds, closed-end tender offer funds, and business development companies, as well as '34 Act registered 3(c)(7) funds.
Powered by Envision's fully configurable technology platform, allowing for automated, real-time recordkeeping and flexibility to manage data across the enterprise, the transfer agency's comprehensive suite of capabilities includes:
Investor recordkeeping and accounting
Transaction processing
Investor and representative digital interfaces
Business process automation
Dealer support services
Investor statements, transaction confirmations, and tax form reporting
Compliance with all SEC '34 Act requirements
Commenting on the expansion, Sean Lawlor, Head of Public Markets for SEI's Investment Managers business, said:
"The expansion of SEI's transfer agency capabilities strengthens our role as a trusted strategic partner in helping our clients navigate an ever-changing industry landscape. Leveraging Envision's technology provides us with the added flexibility and reliability to support fund managers at every turn—launching and scaling products, reducing administrative burden, increasing cost efficiency through a single provider, and growing assets. With a focus on delivering a first-class investor experience, underpinned by our advanced operational infrastructure and technology, we are investing in our offerings to enhance the client experience and drive growth."
Amid heightened market demand for expanded access to private markets, asset managers are prioritizing opportunities for alternative investments to appeal to qualified retail investors. Semi-liquid funds are an area of particularly fast growth, surpassing $530 billion in total net assets by the end of 2025.2