Nomura India in JV with think tank NRI for institutional banking tech outsourcing

Nomura Research Institute announced Nvantage India, a joint venture between NRI and Nomura Holdings, the Japanese broker.

The joint venture combines the technological and non-technological expertise of Nomura Services India, a subsidiary of Nomura Holdings, and the service competence of NRI to offer the most advanced processes and solutions for professionals across the world. By bringing both sets of expertise, Nvantage will offer distinctly impressive managed services for the international wholesale banking.

Nvantage will provide services related to technology and non-technology outsourcing for international financial players starting from Q2 2018. The services include system development, operations, maintenance and BPO (business process outsourcing), which will allow clients to improve cost optimization and operational efficiency across their global operations.

Read the full release

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