Thursday, 8 September 2016

NRI PLACES IN TOP 10 OF THE 2016 IDC FINANCIAL INSIGHTS FINTECH RANKINGS

System upgrades to changing market needs and leadership in new technologies contributes to top 10 placement for the seventh year
 

NEW YORK, Sept 8 (Bernama-BUSINESS WIRE) -- Nomura Research Institute, Ltd. (NRI, TOKYO:4307), a leading provider of consulting services and system solutions, announced the company ranked No. 9 on the 2016 IDC Financial Insights FinTech Rankings. The most comprehensive vendor ranking within the financial services industry, the annual IDC FI FinTech Rankings is based on 2015 calendar year revenues attributed to financial institutions. This ranking marks the seventh consecutive year that NRI has been named a top 10 global financial technology firm by IDC Financial Insights.

In 2015, NRI has been focused on ensuring that its market leading systems are continually innovating with the rapid changes in the financial marketplace for their clients specifically around regulatory issues and IT cost reductions. This includes their PSS solution, a utility service for financial institutions, which integrates both Business Process Outsourcing (BPO) and Information Technology Outsourcing (ITO) services to improve the efficiency of back-office post-trade processes. By integrating BPO and ITO services, PSS enables its financial institution partners to standardize their business processes, improve back-office efficiency and flexibly adapt to regulatory and infrastructural changes. UBS Securities Japan Co., Ltd. became the first adopter of NRI’s PSS last year. 

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