NRI Develops Cloud for Asset Managers
Nomura Research Institute (NRI) is bringing its swath of asset management solutions to a cloud with the development of T-Monolix, a platform-as-a-service solution. The first company to tap into the cloud will be FundWeb, NRI's mutual fund network that provides connection for more than 300 buy-side firms, but that won't happen until next December.
"NRI has been providing total solutions on an application service provider (ASP) basis for more than 100 asset management firms through T-Star since
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