Through this arrangement, BWMâs 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: âWe 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.â
âThe unique strengths of BWMâs 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,â Haddad added.
BWMâs Chief Operating Officer Meor Amri Meor Ayob said âAs 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.â
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.