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 technology 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
Nasdaq to support Chilean CSD in post-trade tech
25 May 2017 | Santiago | Reporter: Stephanie Palmer
Based on the Nasdaq Financial Framework the solution will replace Depósito Central de Valores’s existing core system
Linedata bolsters TA solution
26 April 2017 | London | Reporter: Stephanie Palmer
Linedata has upgraded it Linedata solution for transfer agents, to help clients to cope with increasing regulatory reporting requirements
Esprow launches MiFID II compliance platform
26 April 2017 | New York | Reporter: Becky Butcher
Esprow has launched ETP GEMS, a global exchange and markets simulation platform that provides an on-demand testing environment to facilitate compliance with MiFID II
SWIFT tests distributed ledger technology for reconciliations
25 April 2017 | Brussels | Reporter: Drew Nicol
The results of the proof of concept will be presented at Sibos in Toronto in October
ENSO and RSRCHX pair up for MiFID II solution
25 April 2017 | New York | Reporter: Drew Nicol
The NEX Group's ENSO, a centralised treasury management solution for the buy side, is set to expand its broker vote tool to include research consumption for the second Markets in Financial Instruments Directive
Law firm sees rise in fintech patents
20 April 2017 | London | Reporter: Mark Dugdale
The number of financial technology patents filed through the international system administered by the World Intellectual Property Organization has increased 49 percent in five years
Nomura taps Indian fintech start-up talent
19 April 2017 | Mumbai | Reporter: Drew Nicol
Nomura is looking to engage with Indian fintech expertise for capital market solutions
More technology news