SEI Investments SEIC Investment Managers — Capitalized software in progress
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Where this comes from
Reported directly by SEI Investments in its filing.
Tagged under the XBRL concept seic:IntangibleAssetFiniteLivedCostsInProgress.
The source filing: SEI Investments’s 10-Q, filed July 27, 2026.
- Filed
- Jul 27, 2026, 3:00 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000350894-26-000048
The Company also capitalized $3,676 and $5,615 of software development costs during the six months ended June 30, 2026 and 2025, respectively, related to the development of a new platform for the Investment Managers segment. The Company placed the platform into service during the third quarter 2025. The net book value of the platform at June 30, 2026 was $40,685, which includes $3,676 of capitalized software development costs in-progress associated with future releases. As of June 30, 2026, the platform has a weighted average useful life of 6.1 years. Amortization expense for the platform was $3,016 during the six months ended June 30, 2026.
Item 1. Financial Statements.
FAQ
- What is SEI Investments's investment managers — capitalized software in progress?
- SEI Investments (SEIC) reported investment managers — capitalized software in progress of $3.68M in Q2 2026.
- How has SEI Investments's investment managers — capitalized software in progress changed year-over-year?
- SEI Investments's investment managers — capitalized software in progress decreased by 89.9% year-over-year, from $36.43M to $3.68M.
- What does investment managers — capitalized software in progress mean?
- Refers to the accumulated costs of software projects that are currently under development and have not yet been placed into service. This metric tracks the pipeline of technological innovation and the commitment to future platform enhancements within the investment management business.
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