Nomura, OpenAI partner on asset management

Core Insights - Nomura has entered a strategic collaboration with OpenAI to enhance asset management services through advanced AI technologies [1][3] - The partnership aims to integrate Nomura's internal data with external datasets to provide differentiated investment advice and market analysis [2][3] - Generative AI is expected to transform financial services by improving efficiency and creating new revenue opportunities beyond traditional business models [2][3] Group 1: Collaboration Details - The collaboration will leverage OpenAI's deep research capabilities and technical support to develop new client services [1][3] - Nomura plans to continuously improve AI technologies and explore new use cases to address challenges in global capital markets [4][5] Group 2: Strategic Goals - The integration of generative AI is anticipated to enhance productivity and operational capabilities within Nomura [4][5] - The collaboration is seen as a significant opportunity to innovate services and strengthen the firm's market position [5]