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February 24, 1988

NOMURA RESEARCH SIGNS THE FIRST CUSTOMER FOR ITS I-STAR SYSTEM

By CBR Staff Writer

Nomura Research Institute has signed the first international customer – Drexel Burnham Lambert in New York – for its I-Star international securities system: Nomura has been selling its Japanese Star-II system to local securities firms, but will expand it to the full I-Star international system from April 1; it is targeting all the big Wall Street names – First Boston, Shearson Lehman, General Electric’s Kidder Peabody & Co among them.

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