Thomson Reuters and Bondweb Malaysia ink data distribution deal

Source: Thomson Reuters

Thomson Reuters and Bondweb Malaysia (BWM) have today concluded a global data distribution agreement - combining Bondweb's Malaysian content and Thomson Reuters international content in a single range of products.

Through this arrangement, BWM's extensive range of Malaysian bond prices will be made available for delivery across Thomson Reuters products (including Reuters 3000 Xtra and the DataScope product suite).

BWM currently delivers evaluated prices for nearly 2000 unlisted bonds daily. This integration will enable customers to receive daily evaluated pricing on more than 65,000 Asian illiquid and structured products through a single access.

Edward Haddad, Managing Director, Thomson Reuters ASEAN, South Asia and Pacific said: "We are delighted that customers can now meet the increasingly stringent demands for international pricing transparency by leveraging the unprecedented range of reliable bond prices offered by Thomson Reuters and BWM."

"The unique strengths of BWM's evaluated pricing on Islamic and conventional Malaysian bonds, combined with the established global expertise of the Thomson Reuters Pricing Service now provides a level of service and coverage that cannot be matched in the Asian region," Haddad added.

BWM's Chief Operating Officer Meor Amri Meor Ayob said "As the pioneer Bond Pricing Agency in Malaysia, tying up with Thomson Reuters to deliver our pricing data globally is a great step towards making the Malaysian Ringgit bond market more accessible and attractive. We are pleased that a whole new spectrum of users will now have access to our data."

Through the new agreement, customers across Malaysia will have the option of leveraging on their current or future BWM agreements to fully fulfill their data needs by receiving BWM content via Reuters 3000 Xtra and DataScope Select. Thomson Reuters international customers will be able to access BWM content as an integral part of their Thomson Reuters service.

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