Nomura has inked a strategic collaboration agreement with OpenAI in order to focus on asset management advancement.
As per the collaboration, Nomura is going to execute OpenAI Deep Research and also make use of its strategic as well as technical support so as to develop and deploy new services for its clients.
Nomura, which is the Japanese financial services group, looks forward to consistently enhancing these technologies and also discovering certain new use cases.
Nomura, apparently, is going to integrate its in-house data with the latest in external datasets and also information in order to deliver differentiated and value-added investment advice, data solutions as well as market analysis to clients.
The president and Group CEO of Nomura Holdings, Kentaro Okuda, went on to say that generative AI does have the power to do more than just boost efficiency. It can actually fundamentally transform the financial services.
By way of their strategic collaboration with OpenAI, as part of asset management advancement, they are going to combine the extensive data assets along with the deep expertise of Nomura with the state-of-the-art AI in order to deliver much more advanced investment advice along with market analysis. Through doing so, they will be able to offer clients more accessible as well as secure services, while at the same time also creating novel revenue opportunities that go beyond the traditional business models.
Nomura says that the recent generative AI advances have also paved up the extraction along with practical usage of insights from massive datasets.
The company looks forward to combining its strengths along with generative AI in order to boost the productivity as well as design and also execute solutions for challenges that are diverse and that are being faced by the global capital markets as well as society.
Tadao Nagasaki, OpenAI Japan president and CEO, said that at OpenAI, their mission is to roll out safe and advanced AI technologies and to help organizations unleash their value throughout a wide array of fields.
He added that this collaboration provides quite a major opportunity to go ahead and introduce cutting-edge AI and simultaneously open up certain new possibilities, right from developing innovative services to making the operational capabilities more robust.
It was in June 2025 that Nomura decided to close the Zhejiang province office in China, which is one of the four branches of the company in China.
Interestingly, the firm is indeed scaling back its wealth management operations in mainland China after years of financial losses.