Nomura and OpenAI Collaborate to Pilot AI in Asset Management

Nomura has entered a strategic collaboration with OpenAI to explore the application of advanced generative AI across its asset management operations. The partnership will run pilot projects designed to integrate large language models and other AI capabilities into research workflows, portfolio construction, risk monitoring and client-facing services. Nomura and OpenAI say the work will focus on practical, incremental deployments that complement human portfolio managers and analysts rather than replace them.

Initial efforts are expected to concentrate on automating routine data synthesis, accelerating macro and company-level research, and improving scenario analysis for stress-testing portfolios. The firms also plan to evaluate AI-assisted tools for personalized client reporting and enhanced client interactions, while retaining front-line human oversight for final investment decisions. Nomura highlighted the need to embed strong governance, model validation and explainability measures into any systems built with OpenAI’s technology.

The collaboration underscores a broader push across the financial services industry to harness generative AI for productivity gains and more timely insights. Supporters say these models can surface relevant signals from large, heterogeneous datasets and speed repetitive tasks, allowing investment teams to focus on higher-value judgment calls. At the same time, both parties indicated they will address critical issues including data privacy, regulatory compliance and operational resilience before scaling any tools.

Nomura’s pilot approach aims to produce measurable improvements in efficiency and research throughput while maintaining rigorous controls. OpenAI will provide model expertise and engineering support, while Nomura contributes domain knowledge, proprietary data and risk management frameworks. Observers say the pairing is significant: it combines a major global asset manager’s investment know-how with one of the leading providers of generative AI technology.

While precise timelines and commercial terms were not disclosed, Nomura and OpenAI described the collaboration as a multi-phase program with opportunities for iterative refinement. Market participants will watch closely for early results from the pilots, which could shape broader adoption patterns for AI-driven solutions across asset management.