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... San Francisco-based Wells Fargo Bank is outsourcing its trust data processing to SEI Corp. of Wayne, Pa. The five-year contract covers $225 billion in assets and 75,000 accounts. Though Wells Fargo has used SEI's product line for more than 20 years, the data processing had been done within the bank. (Wendy Schechter, SEI, 212/213-0909.)
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Copyright Phillips Business Information Corporation May 24, 1996