TOKYO and AUSTIN, Texas, Nov. 8,
2021 /PRNewswire/ -- Oracle today announced that Nomura
Research Institute (NRI), the largest consulting and IT solutions
provider in Japan, has moved its
SaaS application, BESTWAY, to Oracle Dedicated Region
Cloud@Customer. BESTWAY is a mission-critical mutual fund
application used by more than 110 companies, including large banks,
trust banks, regional banks, asset management firms, and life and
general insurance firms.
Using Oracle Dedicated Region Cloud@Customer, a self-contained,
cloud region site located in NRI's own data center, NRI can meet
its security and latency requirements, and maintain complete
control of its data management and financial governance. Following
a fast and seamless migration from its previous dedicated
environment on its own private cloud, NRI has been able to leverage
Oracle's public cloud to improve the performance and availability
of BESTWAY and shifts its private cloud resources to other
strategic areas. The combination of shifted resources and access to
Oracle's complete suite of cloud services and tools has allowed NRI
to invest more in its digital transformation efforts and bring
greater business value to its customers.
With a strong heritage in the financial sector, NRI has adopted
Oracle Dedicated Region Cloud@Customer to run its critical,
high-volume business platform used by customers across various
industries, including the financial, retail, and distribution
sectors, and started operation under NRI's own control and
governance. As part of the first phase of the migration to Oracle
Dedicated Region Cloud@Customer, NRI moved BESTWAY from its
previous private cloud environment, and the service has become
available to customers since July
2021.
"We are committed to continuously improving our financial
services portfolio and delivering ever more business value to our
customers," said Hiroshi Koike,
senior managing director, Financial Solutions Division, NRI. "By
using Oracle Dedicated Region Cloud@Customer to support BESTWAY, we
have been able to seamlessly migrate to a cloud architecture and
ensure that we can maintain a high level of financial control to
meet the SOC2 and FISC standards requirements."
Oracle Dedicated Region Cloud@Customer delivers a managed cloud
region that brings Oracle's complete portfolio of public cloud
services, including Oracle Exadata Cloud Service, into NRI's data
center. Oracle Exadata Cloud Service provides BESTWAY with greater
agility, enabling seamless expansion to meet business and customer
demand, and offers high availability and access to advanced
security features including encryption. As Oracle Dedicated Region
Cloud@Customer is deployed in NRI's own data center, it enables NRI
to meet demanding regulatory, data sovereignty, and application
latency requirements, including providing SOC2 reports based on
Japanese security standards in financial industries.
Additionally, NRI will be able to significantly shorten the lead
time for further migration projects and the addition of new
services. Since no architectural changes were required to migrate
workloads from Oracle Exadata Database Machine environments to
Oracle Exadata Cloud Service, NRI was able to reduce the costs and
time associated with the migration and re-allocate the resources to
other strategic areas.
"Few industries are developing as fast and are more demanding in
terms of regulation, security, and speed as the financial services
industry," said Clay Magouyrk,
executive vice president, Oracle Cloud Infrastructure. " With our
Dedicated Region, NRI can continue to increase the level of
business value delivered to its customers more quickly and easier
than ever before, while maintaining stringent levels of control and
governance. Our differentiated hybrid cloud strategy, which enables
customers to keep data and services where they need them, is just
one of the reasons we are seeing significant momentum in
Japan and Asia Pacific, as well as across the
world."
Oracle Dedicated Region Cloud@Customer provides access to the
exact same services as an OCI public cloud region. This enables NRI
to respond more quickly to changing business requirements by
adopting new technologies, such as agile application development
methods using Oracle Application Express (APEX), a low-code
development platform, and improving application development
lifecycles using container technology.
Related Links
- Learn more about Oracle Dedicated Region Cloud@Customer
- Nomura Research Institute
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at www.oracle.com.
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SOURCE Oracle