As part of the migration, NRI eliminated the mainframe system used for I-STAR and have instead implemented a server-based system for I-STAR/CORE. As a result, I-STAR/CORE provides enriched real-time processing, reliability and expandability. Users are already enjoying a significant reduction of nighttime batch and enhanced monitoring functions for exceptions. Recovery time objective is reduced by half, while security and audit functions are enhanced, and functionality is streamlined.
“We care greatly about the demands of our customers, and as we saw the popularity of I-STAR grow we made sure that we continued to listen to their functionality needs and worked diligently to provide them a solution that addressed them,” says Masaaki Yamazaki, Managing Director of NRI. “The decision to create a revamped system for I-STAR was an obvious one, and we are certain that I-STAR/CORE system will provide increased efficiency and stronger functionality for our valued customers.”
I-STAR/CORE has a dominating share in Japan’s capital markets, including 40 percent of Japanese equity system and 45 percent of Japanese derivative system.
About NRI
Founded in 1965, NRI is a leading global provider of system solutions and consulting services with annual sales exceeding $3.7 billion.
NRI offers clients holistic support of all aspects of operations from back- to front-office, with NRI’s research expertise and innovative solutions as well as understanding of operational challenges faced by financial services firms. The clients include broker-dealers, asset managers, banks and insurance providers. NRI has its offices globally including New York, London, Tokyo, Hong Kong and Singapore, with over 12,000 employees.
For more information, visit https://www.nri.com/fit/
