The solution will also form part of Nomura’s plans to accelerate its Wholesale digital transformation.
Nomura, an Asia-headquartered financial services firm which operates the largest brokerage in Japan, announced this Friday that it is investing in a venture established by European hedge fund management company Brevan Howard, called AIM2.
Brevan Howard manages assets for institutional investors around the world. The company launched AIM2 in 2015, with the goal to use a combination of data science and machine learning to create alpha investment strategies.
Now, AIM2 is focusing on the wholesale financial markets and is in the process of building tools for participants in this sector. This new direction is the direct result of collaboration between Nomura and AIM2 which started at the beginning of last year.
Nomura’s wholesale division is made up of its Global Markets segment, which offers research, sales and trading of global securities such as foreign exchange (FX), Equities, rates and more, as well as its Investment Banking segment, which offers capital raising and advisory services.
The new tool will provide quotes and recommendations by using artificial intelligence (AI) and data science to analyze high-frequency historical and real-time data, such as client flows and market data, the statement said.
Commenting on the partnership, Steve Ashley, Global Head of Wholesale at Nomura, said: “The AIM2 team has a strong combination of data scientists and capital market experts, and has built an industry leading AI engine that we will use across all asset classes to enhance the client experience and increase market share in flow products. This solution will also form part of our plans to accelerate Nomura’s Wholesale digital transformation.”
Nomura to Revamp Wholesale Unit
The announcement today comes less than a month after Nomura reported its third-quarter financial results for its 2019 fiscal year, where the firm reported a loss due to a large write-off in its wholesale division.
The collaboration with Brevan Howard is to no doubt give its wholesale unit a much-needed revamp, as the firm has reported two consecutive quarterly losses, with both being weighed down by a lackluster performance in the division.
Nomura, an Asia-headquartered financial services firm which operates the largest brokerage in Japan, announced this Friday that it is investing in a venture established by European hedge fund management company Brevan Howard, called AIM2.
Brevan Howard manages assets for institutional investors around the world. The company launched AIM2 in 2015, with the goal to use a combination of data science and machine learning to create alpha investment strategies.
Now, AIM2 is focusing on the wholesale financial markets and is in the process of building tools for participants in this sector. This new direction is the direct result of collaboration between Nomura and AIM2 which started at the beginning of last year.
Nomura’s wholesale division is made up of its Global Markets segment, which offers research, sales and trading of global securities such as foreign exchange (FX), Equities, rates and more, as well as its Investment Banking segment, which offers capital raising and advisory services.
The new tool will provide quotes and recommendations by using artificial intelligence (AI) and data science to analyze high-frequency historical and real-time data, such as client flows and market data, the statement said.
Commenting on the partnership, Steve Ashley, Global Head of Wholesale at Nomura, said: “The AIM2 team has a strong combination of data scientists and capital market experts, and has built an industry leading AI engine that we will use across all asset classes to enhance the client experience and increase market share in flow products. This solution will also form part of our plans to accelerate Nomura’s Wholesale digital transformation.”
Nomura to Revamp Wholesale Unit
The announcement today comes less than a month after Nomura reported its third-quarter financial results for its 2019 fiscal year, where the firm reported a loss due to a large write-off in its wholesale division.
The collaboration with Brevan Howard is to no doubt give its wholesale unit a much-needed revamp, as the firm has reported two consecutive quarterly losses, with both being weighed down by a lackluster performance in the division.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!