PDS Group and Bond Pricing Agency Malaysia to Deliver Bond Pricing and Information Services Across Philippines and MalaysiaPosted on: October 26, 2015
26 October 2015, Makati City, Philippines, – The Philippine Dealing System Holdings Corp. (PDS Group) and Bond Pricing Agency Malaysia (BPAM), market leaders in delivering price and market statistics for the Philippine and Malaysia fixed income markets respectively, entered into an agreement to make available their bond pricing and information services through a link to each other’s websites. This is the first collaboration between the Philippines and Malaysia to further promote and support the bond markets of the region.
The exchange of website links shall widen the reach of the clients of both BPAM and PDS Group to information across each other’s domestic bond markets. This improved access to online market data and information would serve to heighten investors’ awareness of the Philippine and Malaysian bond markets. Cross-promoting bond markets between the two countries will contribute towards the growth of the intra-regional bond market.
In a statement, PDS President & CEO Cesar B. Crisol stated that this “exchange of links and the reciprocal dissemination of market information from established sources to each other’s stakeholders is one more step forward toward the development of a regional ASEAN+3 Bond Market”. For his part the Chief Executive Officer of BPAM, Meor Amri Meor Ayob said “BPAM is proud to be a part of this collaboration which unites the leading national sources on bond data and valuation. Our traders, issuers and investors will have the opportunity to venture into neighboring bond markets with more confidence and armed with readily available information. It is also important to bear in mind that, in order for Asia to firmly take its place in the global economy as the most dynamic region in the 21st century, creating and maintaining efficient and cooperative relations will be more important than ever”.
Based in Kuala Lumpur, BPAM is the first and only registered bond pricing agency accredited by the Securities Commission of Malaysia. Over the last 10 years, BPAM has progressively developed its core business to become the principal source of valuation and reference data on the Malaysian sukuk and bond markets. BPAM’s services are delivered to both global and local institutions.
The PDS and BPAM website links shall be launched on 26 October 2015. In the PDS Group website, the BPAM link shall be found under the “REGIONAL LINKS” main tab (http://www.pds.com.ph/index.html%3Fpage_id=23024.html), while in the BPAM website, the PDS link shall be found under the “GLOBAL MARKETS” (http://www.bpam.com.my/MB/B4105.asp).#
Established in 2004 under the name Bondweb Malaysia Sdn Bhd, BPAM is currently the only registered bond pricing agency as accredited by the Securities Commission of Malaysia. BPAM is the market leader in delivering evaluated pricing and bond data services on the Malaysian Fixed Income market, and currently serve over 100 local and international financial institutions. BPAM works with a wide range of strategic partners ranging from financial institutions and intermediaries, academia, global information vendors, research houses, media organizations and training providers.
About PDS Group
Powered by state-of-the-art technology, PDS provides a full suite of services, from trading to clearing and settlement, and post settlement across different asset classes. Its activities span the breadth of financial markets including equities, fixed income, and foreign exchange. It also offers learning facilities to equip its communities in keeping pace with market development and professional practice, here and abroad. The PDS Group is composed of the Philippine Dealing System Holdings Corp., the holding company, and its operating subsidiaries: Philippine Dealing & Exchange Corp., Philippine Depository & Trust Corp., Philippine Securities Settlement Corp., and PDS Academy for Market Development Corp.