The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Nomura Asset Management Rolls Out First Phase of Eagle Data Management Project

Japan’s largest asset manager, Nomura Asset Management, has completed the first phase of the upgrade of its global investment platform with the rollout of Eagle Investment Systems’ data management solution. The first step of this multi-phase upgrade involved the deployment of the solution from the Bank of New York Mellon subsidiary, Eagle, with a view to centralising and validating the firm’s investment data, explains Koichi Goto, senior corporate managing director of Nomura Asset Management.

“Data is a crucial element of our operations, and Eagle’s platform helps us efficiently manage our data and provides our analysts with a clear and comprehensive view of our business,” says Goto.

The goal of the project was to mitigate risk and increases operational efficiency via the centralisation of its data management functions. The firm wanted to be able to leverage clean and accurate investment data to understand its level of risk and exposure to funds across all portfolios and react quickly to internal and client reporting requirements via access to consistent information across its various investment management systems.

Nomura selected the Eagle solution some time ago, says Goto. “We selected Eagle after an exhaustive evaluation that began in July 2007 and we believe its data management solution is the best in the market. By leveraging Eagle’s extensive experience in integrating multiple data sources and other back office systems, we were able to deliver our initial phase on schedule,” he continues.

The first phase of the project involved automating, cleansing, and centralising the firm’s data for global equity investments so that accurate data in a common format could be leveraged by its other internal systems that perform compliance and trade management functions. In the future, Nomura Asset Management is planning to roll out the same platform to a number of its global offices.

Related content

WEBINAR

Recorded Webinar: MiFID II – How prepared are we?

Don’t miss this opportunity to view the recording of this recently held webinar. With the compliance deadline for Markets in Financial Instruments Directive II (MiFID II) just over six months away on 3 January 2018, how ready are market practitioners to meet the challenges and obligations of the regulation? This webinar will identify outstanding challenges...

BLOG

Reformis Adds Matrix IDM and NeoXam to Vendor Partner Programme

Reformis, a buy-side business transformation consultancy, continues to build out its vendor partnership programme with the addition of Matrix IDM’s cloud native data management software, and NeoXam’s Impress reporting solution. These join the company’s list of existing partners and products including IHS Markit’s EDM software, Snowflake’s cloud data platform, and Compliance Solution Strategies’ Accudelta product....

EVENT

Data Management Summit Virtual

The Data Management Summit Virtual will bring together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Join us online to hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.

GUIDE

MiFID II handbook, third edition – How compliant are you?

Six months after Markets in Financial Instruments Directive II (MiFID II) went live, how compliant is your organisation? If you took a tactical approach to cross the compliance line on January 3, 2018, how are you reviewing and renewing systems to take a more strategic approach and what are the business benefits of doing so?...