NRI supports broker dealers globally with comprehensive systems support and design including a trading terminal EXSPEEDER, a wholesale solution for securities firms created to support foreign companies’ business in Japan I-STAR with real-time position management across global operations, consolidated management of client accounts, and a cross-check for intra-office data to broker dealers I-STAR/GV.
NRI has a wrap account management system for the wealth management sector that allows a brokerage to manage an investor’s portfolio Wrap Account Total Solutions, a data management system IDS and a network solution that provides straight-through processing (STP) for trading securities SmartBridge with enhanced high data quality, secure system management, as well as the ability to utilize the historical database, which NRI has been accumulating since the 1960s e-AURORA.
Launched in the 1980s, the e-AURORA product suite was developed as an IDS data viewing platform for investment data transmission services to fulfill the respective needs of major brokerage firms and asset managers. e-AURORA offers flexible data viewing, secure system management, as well as the ability to utilize the historical database, which NRI has been accumulating since the 1960s. Users can perform highly sophisticated analysis using an easy wizard.
EXSPEEDER is a trading terminal for brokerage firms and major banks, connecting to The Tokyo Stock Exchange (TSE) and The Osaka Securities Exchange (OSE) to directly send orders. Brokerage firms can also use EXSPEEDER as a backup in case of internal system failure. EXSPEEDER provides access to the high frequency and high-speed full market depth provided by the exchanges and the solution can be fully integrated with all of TSE’s products, as well as OSE’s next generation derivative systems. It is available via client-based server or as an ASP service.
In the market for more than 10 years, FundWeb is a mutual fund sales network solution. FundWeb provides connections for more than 280 mutual fund distribution houses and asset management firms in Japan. This network provides data such as fund subscription and redemption, net asset value (NAV), dividend and other messaging functions.
I-STAR, a wholesale solution for securities firms, is designed to support global companies’ business in Japan. Today, most global securities companies entering the Japanese market, as well as Japan-based wholesale brokerages, are using I-STAR, the industry’s de facto standard infrastructure. I-STAR ensures that firms are fully compliant with local Japanese securities regulation. From execution entry, settlement and accounting to statutory reporting, it provides a wide range of functions that are required for securities back-office operations. In addition, I-STAR allows firms to manage cash trading, credit trading, repo and debt-credit transaction with equity, bond, mutual fund, derivatives and non-Japanese instruments.
I-STAR/LC is the only ASP solution in Japan providing connectivity to BOJ-NET. The solution supports JGB BSMS and payment settlement with Bank of Japan.
I-STAR/MX connects to JASDEC, supporting real-time settlement matching, status monitoring and formatting of messaging data.
I-STAR/CX sends instructions for settlement and matching, automates settlement execution and manages shareholder information.
I-STAR/SC is a custody operational system to allow foreign securities companies operating in Japan to manage securities, settlements, dividends, principal and interest receipts and corporate action reporting.
I-STAR/GV provides real-time position management across global operations, consolidated management of client accounts and a cross-check for intra-office data to broker-dealers. I-STAR/GV offers scalability for a dramatically changing business environment. Firms can leverage NRI’s sophisticated corporate action and reconciliation capabilities.
IDS provides unique access to NRI’s high quality database for financial services firms. IDS offers domestic and foreign economic, financial, corporation and securities information. The NRI team of data analysts collects and analyzes information to distill the specific data that institutions need. IDS covers a range of asset classes including Japanese equity, Japanese bonds, mutual funds and global indices. For firms seeking added support, NRI can extend data management and customization services.
The Managed Account Total Solution offers a comprehensive system infrastructure for brokerage firms and trust banks to provide managed accounts for their client investors. Managed accounts were first introduced into Japan in 2004, after regulatory changes which allowed institutions such as brokerage firms to offer fee-based discretionary investment programs. The Managed Account Total Solution helps firms and their financial advisors to identify clients’ investment objectives, generate portfolio recommendations based on individual risk tolerance and preferences, manage portfolios and produce client reports.
SmartBridge is a network solution that provides straight-through processing (STP) for trading securities. Institutional investors, brokerage firms and trust banks use SmartBridge to exchange messages such as orders, trade acknowledgements, execution notifications and management instructions. SmartBridge also offers matching functionality and links to the back office.
SmartBridge connects to SWIFT and JASDEC settlement matching systems and provides external messaging for trade order and allocation instruction to promote STP with external firms.
THE STAR is a stable, reliable and robust back-office system for securities firms. For over 40 years, THE STAR has been the go-to accounting and operations system, now in place with over 70 firms. Through the product, firms can open accounts, place orders, complete settlement, conduct compliance, report on sales and view financial accounting. THE STAR is available as an ASP, outsourced or completely integrated service.
The Wrap Account Total Solution is a wrap account management system for the wealth management sector that allows a brokerage to manage an investor’s portfolio. The product was developed in response to the 2004 regulatory change, which mandates that sales professionals at financial firms are required to show a planned optimized portfolio for each client before signing the contract. Wrap Account Total Solution supports sales representatives to build optimized portfolios and helps manage ongoing accounts.