NRI has successfully modernized its critical back-office solution, THE STAR, by migrating it to Oracle Cloud Infrastructure (OCI) Dedicated Region. Launched in 1974 as a COBOL application running on a mainframe, THE STAR application is a standard software-as-a-service (SaaS) solution for retail broker dealers in Japan. THE STAR manages over 20 million accounts, providing comprehensive back-office support to more than 70 brokerage firms and banks that process hundreds of millions of trades per day, approximately half of the trades in the Tokyo Stock Exchange.

This strategic move enhances scalability, reduces operating costs, and ensures compliance with stringent financial regulations.

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