Nomura Invests in AI Trading Platform

Nomura has invested in an artificial intelligence (AI) trading venture, established by Brevan Howard in 2015. Known as AIM², the platform uses AI technology, as well as data science and machine learning, to develop various alpha investment strategies. New trading tools for market participants in wholesale financial markets are now being built after Nomura partnered with the AIM² platform last year. The new tools will use AI and data science to analyze large sets of real-time and historical high-frequency data, including client flows, in order to establish quotes and recommendations.  Earlier this month, Nomura Asset Management went live with a cloud-based Charles River Investment Management Solution (IMS) for global and multi-asset trading. The system covers fixed income, equity, foreign exchange, institutional and mutual funds; providing Nomura Asset Management’s portfolio managers, traders and compliance teams with front office decision support, trading and compliance tools.