NRI forges joint venture with Nomura

Source: Nomura Research Institute

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions today announced that they have established “Nvantage India Private Limited” (NVANTAGE), a joint venture between NRI and Nomura Holdings, Inc. (Nomura Holdings).

NVANTAGE will provide services related to technology and non-technology outsourcing for international financial players starting from 2Q 2018. The services include system development, operations, maintenance and BPO (business process outsourcing), which will allow clients to improve cost optimization and operational efficiency across their global operations.

The joint venture combines the technological and non-technological expertise of Nomura Services India, a subsidiary of Nomura Holdings and the service competence of NRI to offer the most advanced processes and solutions for professionals across the world. By bringing both sets of expertise, NVANTAGE will offer distinctly impressive managed services for the international wholesale banking.

The name, NVANTAGE comes from “N” of both NRI and Nomura and “ADVANTAGE,” suggesting that NVANTAGE will be a dependable partner to ensure clients’ sustainable growth.
“This was a clear decision for us to make, as our organizations have a long history of successful partnerships, as well as a strong track record of bringing new streams of efficiency and cost reduction to the financial services sector,” said Naohiro Sako, Senior Managing Director of NRI.

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