I-STAR/CORE is a securities back-office system offering finely tuned operations support for wholesale brokerage firms – from execution to settlement and accounting – while constantly updating to meet the perpetually changing needs of the Japanese securities industry.
Since its launch in 1987, I-STAR has been adopted by more than 100 financial institutions, and has become the de facto standard for the Japanese wholesale securities industry.
Brokerage firms, trust banks, banks, and life insurance companies
||I-STAR/CORE has been named "Best Clearing and Settlement Solution" by FTF News Technology Innovation Awards 2017, as part of the publication's 2017 Institutional Trading Awards.More
I-STAR/CORE is an application service provider (ASP) solution delivered through direct connections with NRI's data center servers.
A comprehensive back-office solution for post-trading processing - from execution to accounting.
I-STAR settlement solution
The I-STAR settlement solutions suite includes services such as real-time connections between I-STAR and NRI’s data center and direct connections with the Japan Securities Depository Center and the Bank of Japan settlement system. Each component can be used as a standalone solution, and can be integrated into a client’s internal systems.
I-STAR/CX is a real-time settlement management solution designed to automate Japan Securities Depository Center settlement transfer operations.
Through I-STAR/CX, clients can manage their securities balance and segregated accounts, compatible with the electronic share certificate system, for the Japan Securities Depository Center in real-time. Stock exchange settlement netting and non-resident settlement matching (release flag management) can also be automated with the system. I-STAR/CX provides real-time matching and settlement management.
In addition, the service supports member information management compatible with the electronic share certificate system, collateral management, shareholder notification and organization agent functions.
A real-time settlement management solution for electronic connections to the BOJ-NET.
The system provides front-to-back support for current account, government bond, collateral and foreign exchange settlement operations, to increase efficiency for the application of capital and securities using of overdraft and national bond DVP security receipts. I-STAR/LC accurately captures settlement information in real-time, reducing settlement risk.
I-STAR/MX provides a real-time, direct connection to the Japan Securities Depository Center settlement matching system, transmission of matching data and management of the settlement matching status process.
The solution offers necessary custody operations functions for storing and managing securities for overseas investors and clients’ own overseas offices. Some of the functions in I-STAR/SC include securities management, settlement management, corporate actions and SSI information attribution management.