Nomura Asset Management rolls out Charles River IMS

Source: Charles River Development

Charles River Development (Charles River), an award-winning provider of financial software and services to the global investment management community, today announced that Nomura Asset Management, Japan's largest asset management firm, is live on the Charles River Investment Management System (Charles River IMS).

Nomura Asset Management has successfully implemented Charles River IMS to automate its front- and middle-office operations.

As part of a multi-phased rollout, this phase completes the implementation for non Japanese equities at Nomura Asset Management's global headquarters in Tokyo. Nomura Asset Management users now benefit from Charles River's enhanced decision support, streamlined trade order management, and real-time pre-trade compliance monitoring on a single integrated platform. This project represents the first stage of Nomura Asset Management's multi-phase plan to upgrade its global investment platform.

Charles River IMS, providing N-Tier service oriented architecture, now interfaces successfully with several of Nomura Asset Management's internal and external systems, using industry-standard web services and interfaces.

"We were looking for a single, best-of-breed solution that can guarantee best execution. With Charles River, we chose a firm that understands the Japanese market," said Koichi Goto, Senior Corporate Managing Director, Nomura Asset Management. "Furthermore, Charles River provides support where and when we need it - our people can call Charles River experts in Tokyo, London, New York or Singapore and receive real-time help."

"The fact that Nomura Asset Management has selected Charles River IMS is a reflection of our consistent commitment to the Japanese market. We are fully dedicated in providing our valued Japanese clients with the best support possible," said Cameron Field, Managing Director Asia-Pacific, Charles River Development. "Nomura Asset Management now has a platform that meets Japanese as well as global requirements, and supports their standards of excellence and risk management."

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