Case Study: SEB Asset Management achieves 500% productivity gain with SS&C Advent

SEB Asset Management - Customer Case Study

SEB Asset Management Denmark, part of the SEB Group and managing DKK 80 billion (about US$14 billion), struggled with slow, error-prone processes built on spreadsheets and an older portfolio system that required heavy administrative support to generate reports, allocate trades, and manage orders. To modernize operations and reduce manual work, SEB implemented SS&C Advent’s integrated trade order management, portfolio management and reporting solution.

SS&C Advent automated trade routing and allocations, sped up reporting (AUM updates in about 10 seconds) and enabled seamless integration with a data warehouse and compliance checks, letting SEB cut administrative headcount from 15 to 3 (an ~80% reduction) and achieve a reported 500% productivity gain. The improved accuracy and reporting supported a clean audit and helped SEB rise to a top ranking in Denmark — results SEB credits directly to SS&C Advent.

SEB Asset Management

Jens Nødskov Pedersen

Chief Executive Officer