News Feed Item
Risk Management, Asset Allocation, and Fundraising Key Topics at SEI's 2014 Nonprofit Client Symposium
65 Nonprofit Organizations Attend Three-Day Event on Investment Management
|By Marketwired .
|June 26, 2014 12:00 PM EDT
OAKS, PA -- (Marketwired) -- 06/26/14 -- More than 80 participants, representing 65 endowments and foundations from the U.S. and Canada, attended SEI's (NASDAQ: SEIC) 2014 Nonprofit Client Symposium, held June 18-20 at the company's headquarters in Oaks, PA. The goal of the conference was to facilitate meaningful conversations and provide expert insight on important industry topics such as spending and risk management strategies, asset allocation considerations, and fundraising challenges.
Investment experts provided clients with SEI's current economic outlook and marketplace point-of-view, along with new insights into alternative investment strategies. They also presented an in-depth overview of SEI's active investment approach and extensive manager research and selection process. In addition, SEI shared several case studies to illustrate advice and modeling solutions used to implement effective spending policies and risk management strategies. The Company demonstrated its proprietary modeling tool, explaining recent enhancements and how the tool is used to manage risk and test real-time implications of market events across client portfolios.
"SEI has a long track record of partnering with nonprofit organizations as an extension of their investment teams. We remain dedicated to providing our clients with innovative resources to meet their goals and achieve their missions," said Roger Messina, Vice President and Managing Director, Client Portfolio Management Team, SEI's Institutional Group. "Our exclusive client event proved beneficial in providing attendees with new approaches to investment and risk management, new tools to help grow their organizations, and valuable networking opportunities with one another."
The event's keynote address, "Uncharitable: How Restraints on Nonprofits Undermine Their Potential," was delivered by Dan Pallotta, best-selling author, Chief Humanity Officer of Advertising for Humanity, and Founder of the Charity Defense Council and Pallotta TeamWorks. Mr. Pallotta is widely known for creating the multi-day charitable event industry with the launch of the Breast Cancer 3-Day Walks and AIDS Rides. Mr. Pallotta discussed the need for nonprofit organizations, regulators, and the public to change the way fundraising, administration, and overhead is viewed in order to maximize charitable causes.
"The things we've been taught to think about charity, about giving, and about being a nonprofit are actually undermining the causes we love and our desire to make a difference," said Mr. Pallotta during his presentation. "More than transforming the way the general public thinks about charity, more than investing in fundraising, we need our nonprofit organizations to embrace those wild-eyed dreams that got them into this work in the first place ... None of us want our epitaph to read 'we kept charity overhead low.' We want it to read that 'we changed the world.'"
SEI's Director of the Nonprofit Advisory Team, Mary Jane Bobyock, hosted a session highlighting recent trends in the nonprofit market. In regards to an interest in ESG investing, a real-time survey of attendees found that:
- Only 31 percent of participants have had a discussion about ESG investing with their investment committees; however, 77 percent said they would like more education on the topic
- 94 percent of attendees said their committee would likely be receptive to adding a "consideration" of ESG criteria into the Investment Policy Statement without requiring investment to be mandatory
In addition, guest speakers from the Impact Foundation and FundingLogic presented a "High Impact Fundraising Workshop," which provided tools for more effective fundraising techniques. Grantmakers for Effective Organizations presented "Eight Things Grantmakers Can Do to Boost Nonprofit Performance" and shared strategies that grantmakers can undertake to help improve grantee performance and results. SEI Legal Counsel, along with Morgan, Lewis and Bockius, discussed guidelines for effective board meetings and other practical tips for good governance in their presentation, "Board Governance: Fiduciary Duties in Practice."
About SEI's Institutional Group
SEI's Institutional Group is one of the first and largest global providers of outsourced fiduciary management investment services. The company began offering these services in 1992 and today acts as a fiduciary manager to more than 450 retirement, nonprofit and healthcare clients in seven different countries. Through a flexible model designed to help our clients achieve financial goals, we provide asset allocation advice and modeling, investment management, risk monitoring and stress testing, active liability-focused investing and integrated goals-based reporting. For more information visit: http://www.seic.com/institutions.
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2014, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $582 billion in mutual fund and pooled or separately managed assets, including $239 billion in assets under management and $343 billion in client assets under administration. For more information, visit www.seic.com.
The initial debate is over: Any enterprise with a serious commitment to IT is migrating to the cloud. But things are not so simple. There is a complex mix of on-premises, colocated, and public-cloud deployments.
In this power panel at 18th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will look at the present state of cloud from the C-level view, and how great companies and rock star executives can use cloud computing to meet their most ambitious and disruptive business ...
May. 30, 2016 10:00 AM EDT Reads: 2,268
SYS-CON Events announced today that MobiDev will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobile software company with over 200 develope...
May. 30, 2016 09:15 AM EDT Reads: 2,795
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
May. 30, 2016 09:15 AM EDT Reads: 2,359
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure?
Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results.
There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world.
May. 30, 2016 09:00 AM EDT Reads: 1,418
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
May. 30, 2016 08:00 AM EDT Reads: 2,381
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York.
“CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 30, 2016 07:15 AM EDT Reads: 1,395
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures.
Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
May. 30, 2016 07:00 AM EDT Reads: 2,243
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform.
In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 30, 2016 06:00 AM EDT Reads: 2,011
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
May. 30, 2016 05:30 AM EDT Reads: 3,300
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Commvault is a leading provider of data protection and information management...
May. 30, 2016 04:45 AM EDT Reads: 3,321
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications.
The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
May. 30, 2016 03:45 AM EDT Reads: 1,392
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
May. 30, 2016 03:15 AM EDT Reads: 1,540
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently.
In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
May. 30, 2016 03:00 AM EDT Reads: 1,397
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives.
Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
May. 30, 2016 03:00 AM EDT Reads: 2,090
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
For more information, please visit https://www.mangoapps.com/.
May. 30, 2016 02:45 AM EDT Reads: 1,085