Announced details
New creation, changes, management, and regulatory compliance for investment trust product overview documents and investment trust terms and conditions
Previously, responding to a single revision notice took several days to approximately one week
Resona Asset Management and Nowcast jointly built the automation platform. No capital or personnel relationship was disclosed.
Head office: 9th Floor, Sumitomo Fudosan Kudan Building, 1-8-10 Kudan-kita, Chiyoda-ku, Tokyo; Representative Director and CEO: Tsujinaka Hitoshi (辻中 仁士); established in February 2015. A Finatext Group company providing financial infrastructure for the AI era.
The impact of this matter on financial results is expected to be minor.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Automation platform for creating and managing investment trust product overview documents and investment trust terms and conditions, Snowflake environment |
| Counterparty | Nowcast, Inc. |
| Counterparty overview | Head office: 9th Floor, Sumitomo Fudosan Kudan Building, 1-8-10 Kudan-kita, Chiyoda-ku, Tokyo; Representative Director and CEO: Tsujinaka Hitoshi (辻中 仁士); established in February 2015. A Finatext Group company providing financial infrastructure for the AI era. |
| Relationship with the Company | Resona Asset Management and Nowcast jointly built the automation platform. No capital or personnel relationship was disclosed. |
| Launch date | Built and operational; no specific commencement date was disclosed |
| Applicable area | New creation, changes, management, and regulatory compliance for investment trust product overview documents and investment trust terms and conditions |
| Quantitative Effects | Previously, responding to a single revision notice took several days to approximately one week |
| Impact on Business Performance | The impact of this matter on financial results is expected to be minor. |
Items this document does not state (10)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To eliminate manual processes centered on Word files and person-dependent data management, reduce workload, prevent errors, and respond quickly to revisions to laws, regulations, and industry rules.