About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Nomura Selects Pico to Accelerate Growth of Global FX and Rates Businesses

Subscribe to our newsletter

An interesting win for Pico, which has been selected by Nomura to build, host and manage a new platform supporting its latest innovation programmes in foreign exchange (FX) and rates trading businesses. The Nomura FX trading platform is colocated in data centres based in New Jersey (NY4), London (LD4) and Tokyo (TY3). With more efficient processing, Nomura’s clients will benefit from faster transaction times.

Tom Palmer, Nomura head of e-trading strategy for FX, says: “In today’s disparate FX markets there are an increasingly large number of liquidity providers that the market can turn to. Our investment in infrastructure from Pico shows our continued commitment to the market and Pico’s expertise in this area has given us confidence to actively expand our business.”

The win fits well with Pico’s global expansion plans that have recently focused on Asia Pacific. Roland Hamann, managing director at Pico and based in Singapore, says: “Our experience in supporting operationally complex global FX platforms and financial markets specialist networks allows us to ease many of the challenges that come with managing a market presence. Nomura’s selection of Pico is testament to our capabilities in delivering business-critical trading environments, our best-of-breed technology portfolio and our strategy of being comprehensive everywhere through a global footprint recently bolstered by our APAC expansion.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The future of market data – Harnessing cloud and AI for market data distribution and consumption

25 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Market data is the lifeblood of trading, but as data volumes grow and real-time demands increase, traditional approaches to distribution and consumption are being pushed to their limits. Cloud technology and AI-driven solutions are rapidly transforming how financial institutions manage, process,...

BLOG

Johannesburg Stock Exchange Launches JSE-FIX Order Routing Service

The Johannesburg Stock Exchange (JSE) has launched JSE-FIX, a new order routing service developed in collaboration with electronic trading solutions provider Rapid Addition. The service is designed to lower order transmission costs while offering a scalable, vendor-neutral solution for market participants. JSE-FIX leverages Rapid Addition’s technology to facilitate efficient sell-side broker connectivity for both domestic...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

The Reference Data Utility Handbook

The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted...