Nomura Asset Management Deploys Eagle Data Management

Nomura Asset Management, Japan's largest asset manager, has deployed a data management solution from Eagle Investment Systems, a subsidiary of The Bank of New York Mellon. This project represents the first stage of Nomura Asset Management's multi-phase plan to upgrade its global investment platform, to mitigate risk, increase operational efficiency and create a solid foundation for managers to make business and operational decisions. The idea is to give managers clean and consistent investment data to understand their level of risk and exposure to funds across all portfolios and react quickly to internal and client reporting requirements.

The first phase of the project involved automating, cleansing, and centralizing Nomura Asset Management's data for global equity investments so that accurate data in a common format could be leveraged by its other internal systems that perform compliance and trade management functions. In the future, Nomura plans to roll out the same platform to a number of its global offices to capitalize on the same operational and business benefits throughout its organization.

It is hoped that Nomura managers will save time and money by eliminating duplicate sources of data, reducing bad trades and lessening the risk of making bad business decisions. The solution provides transparency into portfolios to view all assets and sub-assets, and enables managers to analyze complex strategies and investment vehicles. For all securities, Eagle provides the ability to report real-time data and provide a full history over time, the company says.