- World’s First Swift Business Connect Integration in I-STAR/GX Recognized for Transforming Post-Trade Operations -

NEW YORK: Nomura Research Institute, Ltd. (Headquarters: Tokyo, Japan; President & CEO Kaga Yanagisawa, “NRI”) today announced that its I-STAR/GX1 Swift Business Connect has been named "Best Cutting-Edge Solution" at the prestigious FTF News Technology Innovation Awards 2025. The award recognizes NRI's groundbreaking achievement as the world's first post-trade system to establish direct connectivity to the Swift network without requiring a pre-existing interface.

The Swift Business Connect model implemented via API enables seamless communication of settlement data between financial institutions, reducing operational and infrastructural burdens and allowing institutions to allocate more resources toward business expansion.

I-STAR/GX also provides comprehensive support for evolving industry requirements, including:

• Support for the U.S. T+1 settlement cycle implementation that went into effect in May 2024
• Preparation for ISO 20022 migration scheduled for 2025
• Readiness for the upcoming T+1 migration discussions for Europe and the UK expected in late 2027

In addition, NRI offers optional services to assist financial institutions in complying with Swift’s Customer Security Controls Framework (CSCF)2, including compliance assessments and gap analyses to identify areas needing improvement. NRI SecureTechnologies, Ltd.3, a group company of NRI specializing in global cybersecurity services, is a Swift CSP Certified Assessor, providing expert support in evaluating compliance and developing remediation plans and roadmaps for non-compliant areas.

Hiroyuki Nakayama, Senior Corporate Managing Director at NRI said: “This recognition underscores our commitment to delivering forward-thinking solutions that help clients navigate industry-wide transformation with confidence and agility.”

The FTF News Technology Innovation Awards, now in their 15th year, recognize the professionals, vendors, service providers, industry bodies and regulators that have demonstrated exceptional innovation in financial technology during the past year.

For more information about NRI's award-winning I-STAR/GX Swift Business Connect, please visit https://www.nri.com/en/news/newsrelease/20240311_1.html

1 I-STAR/GX: https://www.nri.com/en/service/solution/i_star_gx_betanxt.html
2 Swift’s Customer Security Controls Framework (CSCF): https://www.swift.com/myswift/customer-security-programme-csp/security-controls
3 NRI SecureTechnologies, Ltd.: https://www.nri-secure.com/

Fonte: Business Wire