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

FRONT PAGE

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 owne