Why Nomura International Is Backing An Object Database For Hoodini's Middle Office Information


So why is Nomura International using an object-oriented database in its middle office? What's wrong with old-fashioned relational techniques?

Geoff Doubleday, Nomura's head of technology, explains the securities house's thinking: "Basically, we are using ObjectStore as a caching mechanism. One of the things clients invariably need to do is look up tables of static data, counterparties, etc."

Nomura is building a pan-European centralised middle office "whose view on life is that it is the owner o