Nomura Research Institute (NRI) has launched T-MONOLIX ARENA Private Cloud Service (ARENA Private) in Japan.
ARENA Private is the only available cloud solution for asset managers in the region, designed to host all IT applications and tailored to the specific investment vehicles these firms own.
Part of the NRI T-STAR product suite, the technology solution offers more than 100 asset management firms and pension funds complete front-to-back office to support.
The solution provides a seamless connection between investment managers’ infrastructures and NRI’s industry standard infrastructure service, as well as third party data vendors and business process outsourcing vendors.
Senior managing director of NRI, Katsuhiko Fujita, said: “ARENA Private empowers investment management firms to make more strategic decisions and is scalable to fit the needs of a wide range of institutions.”
“Through this offering, we are keeping capital expenditures for the asset management firms low, enabling clients to avoid investing a majority of their budget into IT assets, which can be very costly.”
