Nomura Research Institute to acquire AUSIEX

Maria Nikolova

The acquisition serves as an anchor point for NRI’s accelerated expansion into global financial markets.

Nomura Research Institute Ltd (TYO:4307) today announces that its Sydney-based subsidiary Nomura Research Institute Australia, Pty Ltd concluded an agreement to buy 100% of the shares of Australian Investment Exchange Ltd (AUSIEX) from Commonwealth Bank of Australia Limited.

Following in the footsteps of the acquisition of Perth-basd ASG Group Limited, the AUSIEX acquisition demonstrates NRI’s steady expansion of its Australian and overall global footprint in line with its long-term management vision “Vision 2022”.

The acquisition marks a milestone for NRI’s accelerated expansion into global financial markets, as it establishes its presence as a major technology and operations services provider in the Australian wealth management market. Long-term structural growth in savings is expected to continue with Australia’s national superannuation pension system and growing population.

AUSIEX is the wholesale arm of Commonwealth Securities Limited, a subsidiary of CBA, and trades under the brand name CommSec Adviser Services. AUSIEX is one of Australia’s leading providers of trade execution, settlement and portfolio admin solutions.

NRI will provide AUSIEX with the globally recognized securities transaction management system (I-STAR/GV) and other specialized system development and operations knowledge while investing in the development of new services, and strengthen the business base through actively promoting new relationships with strong external vendors.

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