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Nomura selects eight Fintech start-ups under its India programme

Nomura said the eight start-ups were selected from over 150 global applicants that collaborated with the group over a 10-week period to develop 'Proof of Concepts'

IANS  |  Mumbai 

File photo of the logo of Nomura Securities is seen at the company's Head Office in Tokyo, Japan. (Photo: Reuters)
File photo of the logo of Nomura Securities is seen at the company's Head Office in Tokyo, Japan. (Photo: Reuters)

Eight start-ups showcased their range of solutions here on Wednesday as part of the 'Voyager-FinTech Partnership' programme in India launched by Asian financial services group Nomura, a statement said here.

In the statement, said the eight start-ups were selected from over 150 global applicants that collaborated with the group over a 10-week period to develop 'Proof of Concepts'.

launched the programme earlier this year with the aim to build innovative solutions for Capital Markets and Investment Banking (CMIB) that can be deployed across the firm and the financial services industry.

According to the statement, the start-ups showcased a wide range of banking solutions including those for client on-boarding, business intelligence and market insights, enhanced risk and control, and human resources management, using emerging technologies such as artificial intelligence (AI), machine learning, anomaly detection, natural language processing (NLP), natural language generation (NLG) and chatbots.

Selected start-ups worked closely with Nomura, leveraged its domain expertise and utilised the Innovation Centre (NICe) throughout the programme.

"Rapidly evolving technologies are transforming the way we operate, and this wave of technological disruption is poised to reshape the industry. is focused on nurturing innovation across the value-chain using new technologies to redesign and re-imagine our operating model.

"The Voyager initiative in India is a further sign of our commitment to drive financial innovation globally," Yo Akatsuka, Senior Managing Director, Innovations, Holdings, was quoted as saying in the statement.

 

First Published: Wed, November 15 2017. 10:10 IST
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