Nomura Asset Management, a Japanese asset manager with approximately USD607bn AuM, is expanding its use of Charles River IMS. Nomura will implement Charles River’s strategic cloud solution on Microsoft Azure and adopt Charles River’s post-trade capabilities to further consolidate and simplify its investment operations.
Nobuyuki Taguchi, senior managing director, Nomura, said: “Managing our post-trade operations on Charles River IMS will help us to minimise operational risk and reduce technology overhead by enabling efficient matching and settlement. With the platform deployed via SaaS, we can easily access advantages including continuous upgrades, access to new functionality and scalability that will accommodate increasing trading volumes as we continue to expand our investment products.”