Nomura Asset Management Expands Use of Charles River IMS Beyond Equity to Fixed Income, FX and Derivatives Operations
March 25, 2014
Melbourne — Charles River, an enterprise-wide, front and middle office investment management solution provider, today announced that Nomura Asset Management Co., Ltd. (Nomura) with 33 trillion Yen AUM, has successfully migrated its Japanese equity business onto the Charles River Investment Management Solution (Charles River IMS), and is expanding its use across the firm’s domestic and international fixed income, foreign exchange and derivatives operations.
A client since 2008, Nomura users worldwide benefit from Charles River’s single, integrated solution for Equity portfolio management, trading and real-time compliance monitoring.
“Charles River IMS is a scalable, multi-asset, multi-currency solution that consolidates numerous systems at Nomura into a global platform,” said Masanao Tsuda, Senior Managing Director, IT Strategy & Management, Nomura Asset Management. “It is a strategic choice to use the Charles River front-office solution globally, giving us the confidence to meet our regulatory audit requirements across the entire trade lifecycle.”
“With over 25 clients in Japan, Charles River has a strong reputation for addressing the needs of local buy-side firms,” said Cameron Field, Managing Director, Asia-Pacific, Charles River. “We continue to enhance our solution to help clients, like Nomura, streamline investment workflows across a common platform, simplify operations, and comply with domestic and international requirements.”
About Nomura Asset Management
Nomura AM 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. It is a major presence in the global investment industry, especially within Japan and Asia, with total assets under management of around 33 trillion Yen as of September 2013. Nomura AM 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.www.nomura-am.co.jp
About Charles River
Charles River provides an end-to-end solution to automate front and middle office investment management functions across asset classes on a single platform. The solution offers a simplified operating model that includes enterprise software, data, application management/upgrades, hosting and FIX network to improve investment professional productivity, control risk and lower technology costs. Charles River serves more than 350 investment firms in 43 countries in the institutional asset and fund management, private wealth, alternative investments, insurance, banking, and pension markets.