Nomura Securities Launches New Compliance Web Application Developed by Bridgeline Software
March 01, 2006
New York, NY. March 1, 2006- Over the last six years, Bridgeline Software has become an integral part of the Nomura Securities Fixed Income web development team by augmenting the Nomura internal staff with web designers, information architects, multimedia developers as well as front and back end developers. Bridgeline has provided web design and development support throughout many of Nomura's Fixed Income web based initiatives and has developed a multitude of stand alone web-based applications to support Nomura's business objectives.
The Securities Exchange Commission (SEC) recently set forth a comprehensive set of federal security regulations (Regulation AB) in regards to Asset-Backed Securities (ABS). In compliance with these newly defined regulations, the SEC permits securitized assets (static pools/groups of loans within Deals) to be disclosed on an unrestricted website meeting certain record-keeping requirements. In an effort to comply with these recent regulations, Nomura Securities turned to Bridgeline Software to develop a new web property to publish the Nomura Deals information online www.nomuradeals.com
The newly designed web property provides a means to search Nomura (ABS) residential deals and Commercial Mortgage Backed Securities (CMBS) currently in inventory. Each deal contains the defined group characteristics and attributes, deal specifications as well as ongoing performance measures and other details for each group of loans within a given deal. The application also displays any related historical deals for performance comparison as well as the seller percentage make-up of the deals. Nomura's online disclosure of their deal information and performance coincides with the regulations set forth by the SEC.
The Nomura Deals application consists of a secure administrative section that Bridgeline custom-built to maintain the public website. This portion of the application contains an extensive data entry system allowing Nomura administrators to create and manage new and existing deal packages, define characteristics as well as update ongoing performance on a regular basis. A highly sophisticated workflow schema has been integrated allowing multiple administrators to create, review and publish deals to the public website.
About Nomura Securities
Nomura Securities, with its core businesses of the securities and related businesses, is dedicated to providing a broad range of financial services for individual, institutional, corporate and government customers. They offer a diverse line of competitive products and value-added financial and advisory services through the 133 domestic branch offices of Nomura Securities Co., Ltd. and our overseas network that combines offices in 28 countries. Their business activities include investment consultation services for domestic retail investors, securities brokerage services, securities underwriting for domestic and foreign governments and corporations, mergers and acquisition and financial advisory services, merchant banking, and asset management for investment trusts and pension funds.
About Bridgeline Software
Bridgeline Software is an award winning developer of Web Applications and quality web software tools. Our capabilities include web application development, usability engineering and information architecture, learning management systems, flash and rich media development, content management and workflow (netEDITOR-pro®), on-demand web platform (Orgitecture® with modules that include relationship management, web content management, eMarketing & eSurvey, eNewsletter, eCommerce, and event registration), SharePoint® development and Managed Services. By providing scalable web software tools with award winning web development capabilities, Bridgeline Software uniquely provides their customers with complete end-to-end solutions that optimize business processes through web-based technologies.
Companies such The Bank of New York, John Hancock, Newton-Wellesley Hospital, Cisco Systems, First Albany Companies, Astra Tech, Cadaret Grant, Nomura Securities, Grantmakers in the Arts, JBHanuer & Co., March of Dimes, Omgeo, Power Steering Software, Gill Foundation, The Commonwealth Fund, National Fire Protection Association, Jewish Funders Network, the Federal Mediation & Conciliation Service, RSA Security, Massachusetts Institute of Technology, Smithsonian Institution, Harvard Vanguard Medical Associates, ArQule, Brigham and Women’s Hospital, and Emerson Hospital have turned to Bridgeline Software for our web based software tools or award winning web application development capabilities.
Visit us today: www.bridgelinedigital.com