In April 2012 Yamanashi Chuo Bank (YCB) launched an online mutual fund service, which enables its customers to buy and redeem mutual funds and monitor the value of their mutual fund holdings online.

YCB chose to use Nomura Research Institute’s (NRI) Value Direct online banking ASP solution as its online mutual fund platform. Value Direct offers a full suite of banking services, including foreign exchange, fixed deposits, foreign currency deposits, and mutual fund and government bond transactions. YCB uses Value Direct’s mutual fund service.