NEW YORK, August 31, 2021 / PRNewswire / – DirectBooks, the capital markets consortium founded to optimize global financial markets, today announced that SMBC Nikko Securities America, Inc. (SMBC Nikko), a member of the SMBC Group, one of the largest global financial institutions, joined the DirectBooks platform. This addition brings the DirectBooks underwriting community to sixteen companies.
âDirectBooks is delighted to welcome SMBC Nikko, a leading global investment bank, to its growing community of underwriters,â said the CEO of DirectBooks, Rich Kerschner. âWe look forward to working with them as we expand our market coverage and services around the world. “
Bungo Miura, President of SMBC Nikko Securities America, said, âIt is a pleasure to be part of the DirectBooks underwriting community. Our top priority is to provide the best support to our customers all over the world. This is a good example of SMBC. Nikko follows his deeply held values ââof service and dedication. “
“We are delighted to join the DirectBooks platform, a further step in affirming our commitment to customer service and dedication. The platform’s modern technological approach to the new issuance process will allow us to better support our global customer base, “added Jonathan anderson, Managing Director and Head of Debt Syndicate, SMBC Nikko.
DirectBooks simplifies the primary issuance process for fixed income securities by streamlining communication flows for underwriters and institutional investors. The platform is live with a trade announcement functionality for quality US Dollar, Euro and British Pound issues globally. Communication functionality for order and allocation information, hedging instructions and final trade documentation will be added this year. The platform will expand further to include coverage of emerging markets and high yield issues.
DirectBooks leverages its technological expertise and market knowledge to optimize global financial markets. DirectBooks simplifies the primary issuance process for fixed income securities by streamlining communication flows for underwriters and institutional investors. DirectBooks was formed by 9 global banks, including Bank of America (NYSE: BAC), Barclays (NYSE: BCS), BNP Paribas (FR: BNP), Citi (NYSE: C), Deutsche Bank (NYSE: DB), Goldman Sachs (NYSE: GS), JP Morgan (NYSE: JPM), Morgan Stanley (NYSE: MS), Wells Fargo (NYSE: WFC). A complete list of participating underwriting companies is available on our website. For more information, please visit www.DirectBooks.com.
About SMBC Nikko Securities America, Inc.
SMBC Nikko Securities America, Inc. is a member of the SMBC group of companies, one of the world’s largest financial institutions. Situated at New York City, SMBC Nikko Securities America, Inc. provides investment securities and other financial services to businesses and institutional clients, with a focus on North America and Latin America. SMBC Nikko Securities America, Inc. is aimed at institutional investors such as mutual funds, hedge funds and other investment advisers.
About the SMBC Group
SMBC Group is a leading global financial group. Based at Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards and consumer finance. The Group has more than 140 offices and 86,000 employees around the world in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG shares are traded on the Tokyo, Nagoya, and new York (NYSE: SMFG) scholarships. From June 30, 2021, his total assets were $ 2.11 trillion.
In America, SMBC Group is present in the United States, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Building on the strength of SMBC Group’s capital and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional and municipal clients. He connects a diverse clientele with local markets and the organization’s vast global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corporation (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro SA and Sumitomo Mitsui Finance and Leasing Co., Ltd.
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