NRI’s I-STAR/GX Swift Business Connect honoured for revolutionizing post-trade connectivity
Nomura Research Institute (NRI), a leading Tokyo-based financial technology provider, has won the “Best Cutting-Edge Solution” award at the 2025 FTF News Technology Innovation Awards for its I-STAR/GX Swift Business Connect system, reported finance.yahoo.com.
NRI becomes the first in the world to establish direct Swift network connectivity for post-trade systems without a pre-existing interface.
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The award-winning solution, I-STAR/GX Swift Business Connect, is the first of its kind to enable direct connectivity to the Swift network without relying on pre-installed interfaces
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The API-based model enhances communication of settlement data across financial institutions, significantly reducing operational friction and infrastructure overheads, while helping firms redirect focus towards business growth
The solution also provides full support for the evolving global post-trade landscape. Key features include:
- Support for the U.S. T+1 settlement cycle, effective since May 2024
- Preparation for ISO 20022 migration in 2025
- Readiness for future T+1 migration in Europe and the UK by 2027
NRI’s breakthrough platform streamlines settlement, boosts compliance, and prepares global markets for next-gen transformation.
To bolster security compliance, NRI offers additional services aligned with Swift’s Customer Security Controls Framework (CSCF), including audits and improvement roadmaps. These are delivered via NRI SecureTechnologies, a Swift CSP Certified Assessor and NRI group company specializing in cybersecurity.
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.”
Now in its 15th year, the FTF News Technology Innovation Awards recognize financial technology professionals and providers who have shown exemplary innovation in the industry.
