NRI releases new securities processing platform

Source: Nomura Research Institute

Nomura Research Institute (NRI), Ltd., a leading provider of consulting services and system solutions, today announced the availability of NRI Financial Solution's component-based financial application suite.

The application is designed to meet today's operational needs of the global financial services community including broker-dealers, custodians, investment managers and hedge funds.

In order to remain competitive in today's marketplace, buy and sell-side institutions are looking to operate and expand their businesses globally, while managing costs and improving efficiencies. With the increased pressure from regional regulators, firms also need to ensure they remain adaptable, compliant and have trusted access to company-wide transaction and reference data in real-time.

In direct response to these needs, NRI Financial Solutions has developed its next generation securities processing platform designed from the ground up leveraging newer technologies and years of client-focused experience. The basis for the platform design is to change the way back-office operations are managed across all types of financial institutions.

The key operational challenges NRI's Financial Solutions suite addresses include:

- Reduction in the number of processing systems
- Support for global, regional and off-shore processing models
- Volume scalability
- Real-time\on-line processing
- Flexible implementation options
- Support for multiple entities, products, currencies and institution types
- Ability to adapt to quickly changing regulatory environments

Delivered via ASP or on a licensed basis, NRI Financial Solutions allows users to customize their implementation with several modules, including dashboard and exception management, trade capture, lending and borrowing, position and balance, settlements, corporate actions and tax, general ledger and data management.

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