Strengthening Client Partnerships Through Integrated Technology and Consulting

SEI, a leading provider of investment processing and financial technology solutions, has announced the appointment of Matt Provencher as global head of enterprise professional services. This newly created role underscores SEI’s strategic shift towards becoming a comprehensive transformation partner for wealth managers, private banks, and institutional investors.

The expanded focus on professional services comes as clients increasingly seek end-to-end support that goes beyond tactical operational fixes. With over two decades of experience in financial services and consulting – most recently at NTT DATA where he led North America banking operations – Provencher is tasked with building a scalable delivery model across SEI’s entire platform portfolio.

Addressing Evolving Client Needs

This move aligns with broader industry trends, as technology vendors compete not just on software but also on the consulting and implementation services that accompany it. Clients managing complex legacy systems often require significant change management support to fully realize the benefits of new technologies.

According to SEI CEO Sanjay Sharma, “Clients want a partner who can help drive meaningful business transformation by optimizing their operating model – unlocking greater value from investments in people, technology, and automation.” This sentiment reflects a growing demand for strategic guidance as firms navigate regulatory changes, modernize core systems, and explore digital asset integration.

The appointment follows SEI’s recent AI leadership expansion and partnership with IBM, signaling a deliberate push to offer full-stack transformation capabilities rather than point solutions. Key areas of focus will include data cloud implementation, cybersecurity orchestration, and leveraging automation to improve operational efficiency across the wealth management value chain.