Bursa Malaysia Selects Thomson Reuters for Data...
Kuala Lumpur - 9 December, 2009 - Thomson Reuters today announced it
has been selected by Bursa Malaysia to deliver a new data
distribution platform to support their growing trading business.
Under the terms of the agreement Thomson Reuters will provide its
enterprise platform for high performance information management and
real time market data dissemination, improving the services offered
by the exchange to brokers.
Following an intensive evaluation phase, Bursa Malaysia selected
Thomson Reuters based on the performance and scalability of its
solutions to establish an effective and reliable data management
platform for the Exchange. The offering combines the latest versions
of Thomson Reuters Market Data System and direct feed technology to
deliver a low latency, fully redundant and highly scalable real time
platform. The platform integrates incoming data feeds from Bursa
Malaysia and publishes them for distribution to their members. Market
participants will gain unparalleled performance for price discovery,
transparency and price improvement.
Lim Jit Jee, Chief Information Officer of Bursa Malaysia said, "As
our market grows bigger and more sophisticated, there is greater need
to ensure that our data distribution platform caters to speed and
scalability of the changing landscape. This new market data gateway
from Thomson Reuters will be beneficial to our customers as it allows
the Exchange to package market data according to our customers'
needs, as well as ensure that information is distributed in an
expedient manner."
Edward Haddad, Managing Director, ASEAN, South Asia & Pacific,
Thomson Reuters, said: "By providing Bursa Malaysia a complete data
delivery solution, Thomson Reuters is reinforcing its commitment and
ability to provide market leading technology, data, and support
services to global exchanges. We are delighted to collaborate with
Bursa Malaysia in support of their evolving infrastructure."
This agreement further underlines Thomson Reuters ability to provide
exchanges and electronic trading platform providers with flexible,
high performance technology and content solutions to support their
business needs.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent
information for businesses and professionals. We combine industry
expertise with innovative technology to deliver critical information
to leading decision makers in the financial, legal, tax and
accounting, healthcare and science and media markets, powered by the
world's most trusted news organization. With headquarters in New
York and major operations in London and Eagan, Minnesota, Thomson
Reuters employs more than 50,000 people and operates in over 100
countries. For more information, go to www.thomsonreuters.com.
Bursa Malaysia
Bursa Malaysia Berhad is a public company limited by shares under the
Companies Act 1965. Bursa Malaysia is an approved exchange holding
company under Section 15 of the Capital Markets and Services Act
2007. Other companies in the Bursa Malaysia Berhad Group of companies
include a stock exchange, a derivatives exchange, an off-shore
international financial exchange, equity and derivatives clearing
houses, a central depository, an information services provider and an
Information Technology services provider.
Bursa Malaysia Securities Berhad, a wholly-owned subsidiary of Bursa
Malaysia Berhad, is an approved stock exchange under Section 8 of the
Capital Markets and Services Act 2007.
CONTACTS
Fleur Sohtz Geeta Balakrishnan
PR Director, Enterprise, Thomson Head, Corporate Communications,
Reuters Bursa Malaysia
+44 20 7542 1543 +603 2034 7374
fleur.sohtz@thomsonreuters.com geetabalakrishnan@bursamalaysia.com
This announcement was originally distributed by Hugin. The issuer is
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