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 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.
In 2014, NRI made significant progress in expanding service capabilities both within and outside Japan. While the majority of NRI’s solutions have already been recognized as the industry’s de facto platform in Japan, NRI has also developed solutions that respond to the “My Number” system--Japan’s Social Security and Tax Identification Number system that will be launched in January 2016--and assisted the implementations of the system at numerous financial institutions. Outside of Japan, NRI has expanded NRI Financial Technologies India Pvt. Ltd. through the establishment of a new team in Mumbai to enhance the service capability in the area. NRI also assists Japanese financial firms’ global expansions by providing solutions tailored to specific needs of markets in Asia, Europe and North America.
“We are honored that American Banker and BAI have recognized NRI’s commitment to continuing to be a leading global utility service provider to financial firms,” said Harumi Saitou, Senior Executive Managing Director at NRI. “In the past years, we have reaffirmed our dominance in the Japanese market and expanded our capabilities around the world, and this recognition is a testament to the successful, ongoing evolution of our firm as a global provider of innovative technology solutions.”
In 2014, 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.