Nomura Asset Management, one of Japan's largest investment managers, is now using post-trade solutions firm Omgeo's central matching service.
Nomura will be using the Omgeo Central Trade Manager (CTM), which processes domestic and cross-border equity, bonds, exchange-traded derivatives and contracts for difference trades through a single interface.
The automatic system, which offers same-day affirmation rates and settlement, is aimed at reducing post-trade costs and inefficiencies.
It has established links to the Japanese Securities Depository, Canadian Securities Depository, Korean Securities Depository, and the Chilean Securities Depository.
"This is a significant milestone in the Japan domestic equity market," Nellie Dagdag, Omgeo's executive director for sales and solution delivery, said.
"We've been actively working with Japanese firms to bring increased efficiency and standardisation to Japan's cross-border trade operations for over a decade."
Omgeo last month also announced the Indonesian arm of Schroder Investment Management would be using its service - the first Indonesian-based asset manager to sign up.