Mumbai
19 April 2017
Reporter: Drew Nicol
Nomura taps Indian fintech start-up talent
Nomura has launched the Voyager — Nomura FinTech Partnership in India, aimed at harnessing emerging technologies to improve its processes.

The Japanese investment bank is inviting entrepreneurs to participate in the programme to build capital market solutions for the the bank and its partners.

Participants will work through the Nomura Innovation Centre (NICe), which has been set up at Powai in Mumbai, to provide a platform to start-ups that will be selected for the Voyager programme.

According to Nomura, working at NICe will enable entrepreneurs to access Nomura resources and test their concepts and solutions leveraging the bank’s people, processes and technology.

The bank is also open to forming closer ties with successful start-ups.

Nomura has collaborated with PwC as a knowledge partner, and with Google, IBM and Amazon Internet Services to bring together industry expertise to the Voyager programme.

RK Rangan, president and CEO of Nomura Services India, said: “New technology, supported by an innovation-driven ecosystem, has resulted in an environment of increasing collaboration between new and traditional market players. Building on this momentum, Voyager is a programme for start-ups to engage with Nomura to drive innovation through its global network.”

Yo Akatsuka, senior managing director of innovations for Nomura Holdings, added: “Nomura has already gained momentum in fintech with the launch of financial innovation office globally, an accelerator programme in Japan, and the establishment of N-Village, a wholly-owned subsidiary, to promote new business development and open innovation.”

“We also plan to create a new JPY 10 billion (USD 91.8 million) fund to provide financial support to start-ups. The Voyager initiative in India is a further sign of our commitment to engage with start-ups and encourage financial innovation.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
MainstreamBPO to expand in Europe and Cayman through Trinity acquisition
23 May 2017 | Sydney | Reporter: Stephanie Palmer
MainstreamBPO has entered into an agreement to acquire Trinity Fund Administration in Dublin and the Cayman Islands
Julius Baer builds on UK and Ireland compliance team
22 May 2017 | London | Reporter: Stephanie Palmer
Julius Baer International has appointed John Dodds as head of compliance for the UK and Ireland
Clearstream sees slight April upticks
22 May 2016 | London | Reporter: Stephanie Palmer
According to Clearstream’s monthly figures report, assets under custody increased from the €13.03 trillion recorded in April 2016
LGPS board releases transparency code for managers
22 May 2017 | London | Reporter: Drew Nicol
Asset managers looking to claim mandates from the LGPS pooling initiative can now sign up to a new fee transparency code ahead of the April 2018 deadline
SimCorp selects new managing director for APAC
22 May 2017 | Singapore | Reporter: Stephanie Palmer
Investment management solution provider SimCorp has appointed Oliver Johnson as its new manging director for the Asia Pacific (APAC) region
Asset managers tackle Chinese bond market issues
19 May 2017 | Beijing | Reporter: Drew Nicol
Hong Kong asset managers met in Beijing to discuss the challengers surrounding China’s lucrative bond market
Canadian securities regulator expands T+2 proposals
19 May 2017 | Toronto | Reporter: Drew Nicol
The Canadian Securities Administrators has released its final proposal for the transition of mutual funds and equity and long-term debt to T+2 on 5 September
More news