NRI's T-STAR Solutions Selected by Schroders to Improve Global Business Processes Efficiency
April 27, 2010
Nomura Research Institute, Ltd. Nomura Research Institute, Ltd. (NRI: Tokyo; Tadashi Shimamoto, President and CEO & COO) has agreed with Schroder Investment Management (Japan) Limited to offer investment management total solution T-STAR from August 2010. NRI's T-STAR provides multi-asset front-to-back total solutions for Japanese investment managers.
Schroders has selected SmartBridge Advance and T-STAR/TX to enhance STP performance and enable rapid business execution. Deploying T-STAR solutions will allow global asset management firm such as Schroders to synchronize global and local data for their global business to facilitate making investment decisions. Through such architecture Schroders will also be able to accommodate to the needs of Japan-based clients and respond to different global business procedures. Additionally, Schroders is in the process of upgrading T-STAR/RX from PLEIADES/RS and T-STAR/GX from PLEIADES/GAMMA. NRI is dedicated to fully supporting Schroders' investment operations through T-STAR solutions. T-STAR/TX is a highly trusted leading Japanese fund accounting solution designed to comply with complex Japanese fund accounting regulations. Currently we serve approximately 80% of fund accounting operations in Japan, thus, playing a vital role in supporting growth of Japanese investment management industry. SmartBridge Advance supports full lifecycle trading and trade processing activities including position management, trade compliance, post-trade automation, market connectivity and order management that allows improvement in trade efficiency and risk monitoring. NRI's full-suite T-STAR solutions will benefit Schroders in the following areas: 1. SmartBridge Advance improves business process efficiency by automating the synchronization process of local and global data. This front office investment solution will connect Schroders' two independent front office systems located in Singapore and Japan via SWIFT. The system enables to feed trading data directly to T-STAR/TX, RX, and GX solutions. The Singapore office is managing entire Asia region portfolios and SmartBridge Advance will help achieve the automation of trading data process management between Japan and Singapore. Promoting STP will also realize operational efficiency at the Tokyo office while complying with Japanese regulatory and client demands. 2. Integrated T-STAR solutions will enhance services for Japanese clients Following a review of all its existing IT systems, Schroders decided that it needed an integrated investment management solution that would meet its scalability requirements to serve Japanese local clients. By incorporating T-STAR/TX, RX, and GX, Schroders will be able to consolidate portfolio database for retail and institutional clients in Japan, allowing it to further cover all business sectors ranging from mutual funds, pension funds, sub-advisory and fund of funds. About T-STAR suite A full suite of T-STAR solution provides multi-asset, front-to back-office total solutions for investment management firms in Japan. T-STAR is recognized as the suite of industry standard investment management solutions in Japan. Please go to http://fis.nri.co.jp/service/am/index.html for more details.(This site is Japanese only.) About T-STAR/TX TX is a Japanese fund accounting system and supports back-office administration system. It holds 80% market share in fund accounting solution in Japan. About T-STAR/RX RX is portfolio management system for institutional accounts. About T-STAR/GX GX is an integrated data warehouse for investment management firms. It connects to TX, RX and SYNTAX as well as to market data. About SmartBridge SmartBridge is an order management system(OMS) and promotes STP through automating internal and external messaging. About SmartBridge Advance SmartBridge Advance is an advanced OMS platform. In addition to OMS function, the platform offers back office systems connectivity, cash position management, pre/post trade compliance and post-trade automation capabilities. [For general inquiries, please contact:]
Yukako Seto or Yukako Nakayama Corporate Communication Department Nomura Research Institute, Ltd. Tel:+81-3-6270-8100 E-mail: [For sales inquiries, please contact:] Asset Management IT Solutions Business Planning Department Nomura Research Institute, Ltd. Tel:+81-3-5533-2013 Email: To List of Press Releases Copyright(c) 2010 Nomura Research Institute, Ltd. All rights reserved. No reproduction or republication without written permission. |