Nomura Asset Management Co., Ltd. Transitions to Cloud-Based Charles River IMS
February 19 2019 - 8:00PM
Business Wire
Nomura Asset Management Co., Ltd. (NAM), an internationally
recognised asset manager with approximately 53 trillion Yen AUM**
based in Tokyo, Japan, is now live on cloud-based services for the
Charles River Investment Management Solution (Charles River IMS)
across multiple continents and asset classes including fixed income
and equity, FX, institutional and mutual funds. This transition
ensures Nomura’s portfolio managers, traders and compliance teams
have the most current, multi-asset decision support, trading and
compliance capabilities in a consolidated front office
solution.
“Transitioning to Charles River’s cloud-based service was a
strategic decision that positions NAM for growth across our asset
management business,” said Mutsuo Kobayashi, Senior Managing
Director, NAM. “SaaS will enable us to increase the frequency of
upgrades whilst reducing the burden on our internal team to deliver
the most up to date capabilities to our Portfolio Managers, Trading
and Compliance teams.”
“NAM has been a client since 2008 and is the largest transition
globally to date onto our Software as a Service model,” said
Cameron Field, Managing Director – Asia Pacific. “Now that SaaS has
gained widespread acceptance on the buy-side, clients of all sizes
are embracing it because of its predictability. They can manage
costs and scale as their business grows, and with technology that’s
always up to date they can more easily adopt the latest
capabilities.”
About Nomura Asset Management Co., Ltd.Nomura Asset
Management is a leading investment management firm, and the core
company within the Asset Management Division of the Nomura Group,
serving retail and institutional investors worldwide. Nomura Asset
Management is a major presence in the global investment industry,
especially within Japan and Asia, with total assets under
management of approximately 53 trillion Yen as of September 2018**.
Nomura Asset Management aims to be the trusted asset management
firm of choice for all its clients by offering an unrivalled level
of investment expertise and customer service.
http://global.nomura-am.co.jp/
About Charles River, a State Street CompanyCharles River
Development, a State Street Company, enables sound and efficient
investing across all asset classes. Investment firms in more than
40 countries use Charles River IMS to manage more than US$25
Trillion in assets in the institutional investment, wealth
management and hedge fund industries. Our Software as a
Service-based solution (SaaS) is designed to automate and simplify
investment management on a single platform – from portfolio
management and risk analytics through trading and post-trade
settlement, with integrated compliance and managed data
throughout. Headquartered in Burlington, Massachusetts, we
support clients globally with more than 750 employees in 11
regional offices. For more information, please visit
www.crd.com
About State Street CorporationState Street Corporation
(NYSE: STT) is one of the world's leading providers of financial
services to institutional investors, including investment
servicing, investment management and investment research and
trading. With $31.62 trillion in assets under custody and
administration and $2.51 trillion* in assets under management as of
December 31, 2018, State Street operates in more than 100
geographic markets worldwide, including the US, Canada, Europe, the
Middle East and Asia. For more information, visit State Street’s
website at www.statestreet.com.
*This figure is presented as of December 31, 2018 and includes
approximately $32.44 billion of assets with respect to SPDR
products for which State Street Global Advisors Funds Distributors,
LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
http://www.statestreet.com/platform-for-growth.html
The whole or any part of this report may not be reproduced,
copied or transmitted, or any of its contents disclosed to third
parties without State Street’s express written consent.
Investing involves risk including the risk of loss of
principal.
The material presented herein is for informational purposes
only. The views expressed herein are subject to change based on
market and other conditions and factors. The opinions expressed
herein reflect general perspectives and information and are not
tailored to specific requirements, circumstances and / or
investment philosophies.
Expiration Date: January 6, 2020©2019 State Street Corporation -
All Rights ReservedState Street Corporation, One Lincoln St, Boston
MA 02111
2369349.1.1.GBL.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190219006068/en/
Kellie Smith, +61 (3) 8628 0100 KellieSmith@crd.com
State Street (NYSE:STT)
Historical Stock Chart
From May 2024 to Jun 2024
State Street (NYSE:STT)
Historical Stock Chart
From Jun 2023 to Jun 2024