Overview
Nomura Bank (Luxembourg) S.A. (NBL) aimed to significantly reduce its financial data budget. To achieve this, NBL identified the best data providers with optimal fee quotes for each asset class and assessed how to optimize current data consumption across departments.
Partnering with NeoXam facilitated this transformation, as NeoXam DataHub has served as NBL’s Core Data Management solution since 2017, integrating, controlling, and enriching data from various providers while redistributing a golden copy across internal platforms. Our solution adapted to support NBL’s initiatives, effectively reducing data consumption.
The partnership has delivered measurable results:
Cost Reductions:
- Significant reductions were achieved, with initial project costs fully offset within the first year.
Strategic Partnership:
- NeoXam’s longterm relationship with NBL, along with alliances with data providers, ensured a smooth adaptation to evolving data management needs.
Total Assets
€ 55 bn
Headquarters
Hesperange, LU
Employees
310
Website
www.nomuraholdings.com/nbl/
Why NeoXam DataHub?
Multi-Source Capabilities
Its ability to integrate data from various sources was instrumental in enhancing NBL’s data management.
Centralized Approach
It allowed NBL to achieve a more centralized data management strategy, optimizing efficiency and accessibility.
