data
The Snowflake Industry Days 2025 Japan took place in November, with a Financial Services track session featuring Trust Base and the Sumitomo Mitsui Trust Group, titled "Connecting Sumitomo Mitsui Trust Group: Implementation and Governance of the Data Fabric Concept." Presenters: * Gen Uehara (Head of Financial Industry, Snowflake) * Satoshi
mergers & acquisitions
NEC Corporation and CSG Systems International have announced they have entered into a definitive agreement under which NEC will acquire CSG for US$80.70 per share in cash, for a total enterprise value of approximately US$2.9 billion, or JPY438.5 billion, including debt. The transaction price represents
regional bank
MILIZE announces the introduction of a life plan simulation function developed by the company into the "Chibagin App," a smartphone application provided by The Chiba Bank. Background of Implementation In recent years, personal life planning has become an increasingly important issue due to rapid social changes and the
core banking
SBI Sumishin Net Bank has decided to evolve the open-system core banking system "NEFSS (Next Evolution in Financial Services Systems)" provided by IBM Japan into a new architecture that enables expansion aligned with future growth, and to fully migrate to an Amazon Web Services cloud environment by early
ecommerce
Digital Garage and DG Business Technology, a subsidiary of Digital Garage that provides comprehensive support for digital businesses, have announced the launch of the “DG AI Drive” hybrid AI package that enables businesses to select AI solutions according to the business challenges they are facing. “DG AI Drive” is a
lending
Leading financial services software firm Finastra has gone live with the Loan IQ platform at the Japan International Cooperation Agency (JICA). This project aims to modernize JICA's core system for private-sector investment finance, an increasingly expanding initiative that provides loans to private sector projects in developing countries. The
artificial intelligence
NTT Data Corporation has concluded a sales agent agreement with Lazarus AI, which provides multimodal LLM products available in closed network environments, particularly to the life insurance industry, and property insurance industry, and is also a participant in Plug and Play Japan's Summer 2025 InsurTech Batch. Starting in
core banking
CC Innovation, a group company of Hokkoku Financial Holdings, has decided to license the next-generation core banking system currently being developed for Hokukoku Bank from January 2028, as well as various subsystems developed and utilized in-house, to regional financial institutions outside the group. CC Innovation will also begin providing migration
regional bank
Nochu Information Systems (NIC), a group company of The Norinchukin Bank responsible for system engineering, has started providing Digital Transformation (DX) support services as a sales partner of Box Japan. NIC has been working within the Norinchukin Bank Group to establish systems for consolidating and centralizing internal information using Box,
system integrator
Fukuoka Financial Group (FFG) and its subsidiary Minna no Ginko, along with next-generation financial system development startup LiNKX, have signed a basic agreement on a strategic partnership. As part of this partnership, FFG's subsidiary, The Bank of Fukuoka, has invested in LiNKX. Zero Bank Design Factory, FFG'
joint venture
FPT Corporation announced a strategic partnership with Sumitomo Corporation and SBI Holdings - Japan's leading conglomerates in the finance and industrial sectors to accelerate artificial intelligence (AI) adoption through the FPT AI Factory ecosystem, contributing to the advancement of sovereign AI in Japan. Under this partnership, Sumitomo and