Nomura Holdings Leverages Google Cloud and CloudAce for Secure FinTech App Development


Nomura Holdings, a leading Japanese financial group founded in 1925, recognized the need for digital solutions to enhance customer experience. Their newly established Mirai Kyoso Company, dedicated to fostering innovation, developed the FINTOS! smartphone app. This app aims to empower users with investment insights, aligning with the concept of “Investment with Inspiration.” This case study explores Nomura Holdings’ decision to adopt Google Cloud for FINTOS! development, highlighting the challenges overcome and the resulting benefits.

Challenges and Considerations

  • Balancing Innovation and Security: Balancing agility with regulatory compliance was crucial. Initially, a fully cloud-native architecture using App Engine was considered. However, due to financial service regulations, a more secure and compliant approach using Google Kubernetes Engine (GKE) was implemented.
  • Prioritizing Data Security: As a financial institution, Nomura Holdings prioritized data security and privacy. Google Cloud’s robust security features ensured adherence to stringent security standards.
  • Optimizing User Experience: Maintaining a user-friendly app interface with easy-to-read content and clear information flow was essential.
  • Embracing Agile Development: The team sought a platform that facilitated rapid development and iteration cycles to respond to evolving market demands.

Why Google Cloud?

  • Simplified Architecture: Google Cloud’s infrastructure enabled a streamlined and efficient app architecture.
  • Data-Driven Insights with BigQuery: BigQuery’s data analytics capabilities allowed for analyzing user behavior and refining the app based on real-world usage data.
  • Agile Development with Google Kubernetes Engine: GKE provided a scalable platform for rapid cloud-native development cycles, enabling swift iterations and deployments.
  • Enhanced Security with VPC Controls and Firewall: VPC Service Controls and VPC Firewall reinforced secure boundaries around cloud resources, ensuring regulatory compliance.

Overcoming Challenges with CloudAce’s Expertise

  • Navigating Regulatory Requirements: CloudAce’s guidance proved invaluable in helping Nomura Holdings navigate regulatory requirements and adapt their initial architecture accordingly.
  • Transitioning to GKE: CloudAce facilitated a smooth transition from App Engine to GKE, ensuring a seamless development process.
  • Effective Remote Development Management: Despite the challenges of remote work during the pandemic, CloudAce maintained open communication and ongoing support, ensuring project continuity.

Benefits of Google Cloud and CloudAce Partnership

  • Enhanced Development Efficiency: Google Cloud’s managed services streamlined development, allowing the team to focus on core functionalities.
  • Robust Security and Regulatory Compliance: Google Cloud’s security features and CloudAce’s expertise ensured adherence to regulatory requirements.
  • Agile Development and Rapid Iteration: GKE enabled rapid development cycles, allowing for swift adaptation to evolving market needs.
  • Strong Partnership and Support: CloudAce’s ongoing support and partnership were instrumental in overcoming challenges and achieving project success.

Moving Forward: FINTOS! as a Digital Investment Advisor

The launch of FINTOS! is merely the first step. Mirai Kyoso Company envisions FINTOS! evolving into a comprehensive digital investment advisory service. By leveraging Google Cloud’s scalability and agility, they aim to continuously enhance the app based on user feedback and market trends.

Key Takeaways

  • Google Cloud’s secure and scalable platform is well-suited for developing modern FinTech applications.
  • CloudAce’s expertise as a Google Cloud Premier Partner is invaluable for navigating cloud adoption complexities and ensuring regulatory compliance.
  • Through a combination of Google Cloud technology and CloudAce’s expertise, financial institutions can create secure and innovative digital solutions that empower their customers.