While many other industry regulatory solutions focus on a particular product type or regulation, SEI Firm Compliance takes into account all of an organization's compliance needs through one lens.

SEI has rolled out a global tool that centralizes an investment firm's internal and outsourced compliance functions in a single management framework - tailored to the user's mix of business activities.

SEI Firm Compliance, which has been incorporated into SEI's Manager Dashboard, was developed as an add-on to the customized global operating platform that it provides to its investment manager clients.

As part of the new offering, a team will review each firm's program against a customized inventory of all regulations affecting its products across all of the jurisdictions in which they are sold and regulated. They will also work to identify any deficiencies, or risks of non-compliance, and remedial actions accordingly. 

Other tools provided by SEI Firm Compliance include a compliance calendar, timelines and workflows geared to filing deadlines, as well as employee trading and risk assessment modules. 

A daily feed of global regulatory news headlines powered by Thomson Reuters will also be provided.

SEI said it has identified nearly 500 financial regulators, exchanges, and industry groups globally - each with its own requirements.

“SEI Firm Compliance is designed to help investment managers rein in the escalating resource drain, non-compliance risks, and personal liability resulting from the industry's fast-growing body of regulation,” said Steve Meyer, executive vice president of SEI and head of investment manager services.