Risk solutions house of the year: Nomura

For some dealers, their ability to provide constant, cheap flow is a way of getting their foot in the door for when the client needs something more bespoke.

Nomura has taken the opposite approach – letting its structuring prowess lead it into deals on their own merits.

“We don’t have a large commercial engine that makes us eligible for flow business for many clients,” says Selim Toker, head of