Nomura Research Institute, Ltd. (NRI) (TOKYO: 4307), a leading provider
of consulting services and system solutions, announced that it has
completed the acquisition of Anshin Software Pvt. Ltd. (Anshinsoft), an
IT consulting and software development company, establishing the firm's
second group company in India C Nomura Research Institute Financial
Technologies India Pvt. Ltd. (NRI FT India). The new office's primary
function is customer support and IT services, financial services R&D, as
well as software development.
Kolkata, West Bengal, India-based NRI FT India will look to effectively
utilize the strong local IT employee base to support NRI's ongoing
global expansion. The cost of the acquisition was 5.7 million Indian
rupees ($100,202 USD).
"We are pleased to complete the purchase of Anshin Software," said Shin
Kusunoki, Corporate Senior Vice President and Asset Management Systems
Division Manager, NRI. "By accelerated recruit high caliber IT persons
locally and looks to continue to implement these global expansion
Toru Watanabe, NRI FT India CEO, will take the role of president of the
new office, which opened in July 2012 with 180 employees.
* Change in corporate name "Nomura Research Institute Financial
Technologies India Pvt. Ltd." is under application for approval.
Nomura Research Institute, Ltd. (NRI) (TOKYO: 4307) is an independent,
global IT solutions and consulting services provider with annual sales
of 335.5 billion yen as of FY ended March 2012. With front-to-back
support for the buy- and sell-side, NRI's tradition of innovation has
positioned them as a trusted international market leader. Leveraging
NRI's global consulting business, NRI is able to provide innovative
financial IT solutions for investment banks, asset managers, banks and
insurance providers. For more information, visit www.nri.co.jp/english.
Nomura Research Institute, Ltd. (NRI)
Keita Kawagoe / Hitomi Nemoto, +81-3-6270-8100
Corporate Communications Department