SEI Bucks the Dot-Com Trend with TreasuryPoint.com Growth

OAKS, PA, February 28, 2002 - TreasuryPoint.com, the site for corporate treasurers pioneered by SEI Investments (NASDAQ:SEIC), established itself during 2001 as a valued short-term capital management solution for Treasurers and institutional investors.

Marking its one-year anniversary in January, TreasuryPoint Trading, the site's platform for trading institutional money market funds, had signed up 35 corporate client users. These include 3Com, Exelon Corporation and two Blue Cross/Blue Shield affiliates. The platform finished its first year with an average daily balance of over $2.2 billion. During the year, TreasuryPoint Trading nearly doubled the number of fund families available on the platform to nine, partnering most recently with AMR Investments, Banc of America Capital Management, Banc One Investment Advisors, and JP Morgan Fleming Asset Management.

"TreasuryPoint Trading had an excellent debut year," said Jack May, Senior Vice President, Treasury Solutions at SEI Investments. "The ability to compare dozens of top fund rates and automate transactions and reporting with multiple fund companies is clearly a technology solution that treasurers and institutional investors want. The efficiency benefits plus no usage fees contributed to users' quick adoption."

The Optimizer, TreasuryPoint.com's short-term capital management tool that calculates optimal investing or borrowing options for a company's unique cash-flow situation, also showed its value in 2001. Clients using the Optimizer showed working capital performance improvement of 5-65 basis points. In addition, many clients viewed the tool as a way to improve efficiency and reduce operational risks associated with their daily decision process.

"The past year's economic environment drove higher demand for services that can manage risks and improve financial performance. The Optimizer demonstrates real value in both of these areas," stated Mr. May.

In addition to TreasuryPoint Trading and the Optimizer, TreasuryPoint.com also features treasury market data, expert commentary and educational content targeted to corporate treasury professionals. TreasuryPoint.com brings together the tools and information treasury professionals need to make and execute balance sheet decisions.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development