Nomura Asset Management Selects NRI's T-STAR Suite

Nomura Asset Management (NAM) has selected three offerings from Nomura Research Institute’s (NRI) T-STAR solution suite, which reconciles data from trading operations, trust banks and investment funds to support NAM’s investment advisory business.

The T-STAR suite provides an infrastructure service for asset managers and pensions funds and performs tasks such as NAV calculations. The solutions are run as a Software as a Service (SaaS) platform.

One of the offerings NAM selected, T-STAR/RX, is a portfolio management system providing back-office support for investment advisory. Another offering, T-STAR/GX, is a reporting data warehouse solution, and the last solution, T-STAR/ReportAssist, is a client reporting platform. NRI says NAM adopted the solutions primarily to increase the operational efficiency of its back office.

Katsuhiko Fujita, senior managing director, NRI, explains: “Investment advisory reporting in Japan can be an extremely cumbersome process as each sponsor may require different reporting formats and delivery schedules while simultaneously managing evolving regulatory and compliance standards. By adopting a combination of solutions from the T-STAR suite, Nomura Asset Management is able to ensure their operational structure is able to accommodate its high volumes and vast operations, maintaining its industry-leading accuracy standards efficiently and at a low cost.”