Nomura, a Japanese financial holding company, acquired a 22% stake in AIM2, which specializes in building Artificial Intelligence-powered solutions for the finance industry, from Brevan Howard, a European hedge fund management company based in Jersey with its funds domiciled in the Cayman islands. Financial terms were not disclosed. Steve Ashley, Global Head of Wholesale at Nomura, said: “The AIM2 team has a strong combination of data scientists and capital market experts, and has built an industry leading AI engine that we will use across all asset classes to enhance the client experience and increase market share in flow products. This solution will also form part of our plans to accelerate Nomura’s Wholesale digital transformation.