SEI Sphere Provides Enterprise-wide Security Solution for IT
SEI announced that Paducah Bank will expand its strategic partnership with SEI to migrate its core applications, platforms, and IT infrastructure to a Microsoft Azure cloud environment with SEI Sphere. This migration will allow Paducah Bank to realize the full potential of cloud capabilities, while maintaining compliance with regulatory requirements, to scale its services on demand and meet clients’ needs. Paducah Bank began utilizing SEI Sphere’s managed services in November 2021.
Kelly LeNeave, Senior Vice President at Paducah Bank, said:
“Our selection process to vet a cloud service provider involved several stages. It was important to us to partner with a company that understands our industry and will deliver us a secure and compliant cloud environment. We are confident that leveraging SEI Sphere and the team’s expertise—as both a financial services company and technology provider—will help drive our growth.”
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SEI Sphere’s cloud services, coupled with cybersecurity and network operations, deliver a robust managed security service to provide Paducah Bank with visibility, resiliency, and scalability to help drive growth into the future. SEI Sphere’s cloud services include:
- Design and architecture
- Migration services
- Monitoring and resiliency (business continuity planning and disaster recovery)
- Cloud security
- Cost optimization
- Regulation and compliance support
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Steve Bomberger, Head of SEI Sphere, said:
“We’re thrilled to expand our relationship with Paducah Bank to support its journey to the cloud. The evolution of technology and cloud capabilities continues to make compelling arguments for organizations of all sizes to move to the cloud when considering costs, data protection, and resiliency. We’re proud to continue our relationship with Paducah Bank and provide a modernized infrastructure that propels their business forward.”
About SEI
SEI delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of Dec. 31, 2022, SEI manages, advises, or administers approximately $1.2 trillion in assets.
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