Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced that it has completed the first implementation of Oracle Financial Services Analytical Applications (OFSAA) in Japan, implementing the solution at Bank of Tokyo-Mitsubishi UFJ (BTMU). Completing the project in July 2017, NRI provided the entire spectrum of technical support for BTMU, from development of programs and peripheral functions to system operations.

As part of the implementation, NRI deployed the following modules:

·    Assess Liability Management (ALM) Solution: 

·    Funds Transfer Pricing (FTP) Solution 

·    Liquidity Risk Management (LRM) Solution

ALM, FTP, and LRM solutions are solutions designed to increase operational efficiency and productivity across lines of the business through smart-monitoring, analysis, and execution. The ALM solution allows institutions to measure interest rate, foreign currency, and liquidity risk, while FTP enables institutions to determine the spread earned on assets and liabilities as a result of interest rate exposure. In addition, Oracle's LRM solution helps banks achieve on-time regulatory compliance with the pre-configured regulatory scenarios, rules and computations. In tandem, all three solutions allow for an enterprise-wide boost in regulatory compliance and risk management.

“NRI's goal is always to assure that we secure and implement the best enterprise solutions for our partners, and the deployment of this suite of Oracle solutions with BTMU has served as an excellent first for Japanese financial services,” said Namiki Kubo, Senior Managing Director of NRI. “Not only was this a successful implementation, but the process has also established NRI as the primary integration specialist for Oracle financial solutions in Japan.”

In parallel to this project, NRI has accumulated knowledge and experience regarding OFSAA implementation, and established a specialized agency committed to successful projects.