Fund administrator SEI Investments is incorporating Advent Software's account consolidation product, Advent TrustedNetwork, into its investment processing program. The combined software will allow fund companies, on a daily basis, to provide consolidated account statements that can cull investment data from accounts housed at a host of other financial institutions, according to SEI.

More than 200 banks and brokerage firms currently participate in Advent TrustedNetwork and Advent is pursuing additional investment firms to join the network.

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