Nomura Research Institute, Ltd., (NRI) a leading provider of consulting services and system solutions, today announced its placement at number nine on the American Banker and BAI inaugural FinTech Forward Rankings. The Top 100 represents the largest fintech focused companies in the world that derive at least 33 percent of revenue from the banking, capital markets, payments or insurance industries.
“The myriad global and regional regulatory frameworks create significant operational challenges for financial firms and as a result, these organizations need cost-effective solutions which enable them to cope with these evolving mandates,” said Yasuki Okai, Financial Technology Solution Division Director, NRI. “We remain committed to working with these firms to ensure the delivery of innovative, best-in-class solutions that they can rely on to improve reporting and operational efficiencies.”
In order to address today’s changing regulatory and reporting climate, NRI recently announced two new solutions designed to help clients maintain compliance. The launch of T-STAR/ReportAssist/EDINET allows investment managers to submit reports that meet new XBRL requirements, while the development of NRI Financial Graphics, Ltd., a joint venture between NRI Process Innovation and Nikkei Printing Holdings Inc., provides investment managers with a high-quality, one-stop service for outsourcing design operations, including production, print and delivery. NRI has also enhanced its cloud service offerings with the launch of T-MONOLIX ARENA Private Cloud Service, the only available cloud solution for asset managers in Japan. The service is designed to host all of a client’s IT applications and is tailored to the specific investment vehicles that the firm own.
Looking ahead into 2015, NRI will support the global business expansion of Japanese financial institutions, while also exploring partnerships with firms outside of the region.. “We see numerous changes happening in financial markets around the world,” says Okai. “We approach and support the resulting challenges from various dimensions in order to provide our clients with the most comprehensive support.”
American Banker and BAI formed a strategic alliance and signature program, FinTech Forward, a new initiative focused on giving bankers the information and perspective on technology they need to plot a course for the future. FinTech Forward brings together the research, media, and event capabilities – and the engaged and influential audience communities – of banking’s top two professional information and education organizations. The central objective of the FinTech Forward program is to identify the forces and trends that are motivating banks’ technology investment. The FinTech Forward team also spotlights new players that are shaking up the establishment.