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0 0.010953298025999 0.00306933076552732 -0.00125421280693298 0.0111338468945596 0.0120967741935485 0.0108931150698122 0.0135411651420318
Stock impact report

Custody Bank Stocks Q3 Recap: Benchmarking SEI Investments (NASDAQ:SEIC) [Yahoo! Finance]

SEI Investments Company (SEIC) 
Last sei investments company earnings: 4/23 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: seic.com/investor-relations
Company Research Source: Yahoo! Finance
Custody banks safeguard financial assets and provide services like settlement, accounting, and regulatory compliance for institutional investors. Growth opportunities stem from increasing global assets under custody, demand for data analytics, and blockchain technology adoption for settlement efficiency. Challenges include fee pressure from large clients, substantial technology investment requirements, and competition from both traditional players and fintech firms entering the space. The 16 custody bank stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 5%. In light of this news, share prices of the companies have held steady as they are up 4.8% on average since the latest earnings results. Founded in 1968 as Simulated Environments Inc. to train bank loan officers using computer simulations, SEI Investments (NASDAQ:SEIC) provides technology platforms, investment management, and operational solutions for financial institutions, weal Show less Read more
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