Nomura Securities, a unit of Japanese brokerage Nomura, has partnered with software firm Money Forward to roll out its new asset management app.
Dubbed OneStock1, the app will allow clients to view and manage the assets they have at various financial institutions including banks and securities companies.
“By understanding what assets they have, clients will be better able to consider strategies to extend the life of their assets,” Nomura said.
Plans are also on to upgrade the app with features enabling clients to view assets such as health insurance and real estate.
Besides, the app will provide access to monthly and yearly asset reports on total assets and individual stock performance. Premium services will be charged.
OneStock1 can also be accessed by those who are not customers of Nomura.
The Japanese brokerage said: “Nomura is working to expand the scope of its business from public to private side services.
“Leveraging Nomura’s expertise in face-to-face sales, the firm will provide new value to clients by helping them build their assets.”
With a network spanning more than 30 countries, Nomura offers services through its Retail, Asset Management, Wholesale, and Merchant Banking business units.
The firm caters to individuals, institutions, and corporates.
According to a recent report, Nomura is weighing the possibility of reducing office space at its headquarters in Tokyo as more employees embrace remote working in the wake of the Covid-19 pandemic.
The move is aimed at lowering costs for the firm.