Bursa Malaysia has introduced an API gateway to its central depository system e-services, aiming to improve account management processes for participating organisations and brokers within its central depository system.
The API will allow for more streamlined investor onboarding, the organisation said, reducing account opening, updating and reactivation times. This will enable faster trading, and allows firms to further digitalise their processes.
Commenting on the release, Datuk Muhamad Umar Swift, Bursa Malaysia CEO, said: “The exchange actively listens to the evolving needs of our customers. This initiative is key in delivering on our commitment towards greater customer-centricity.
“We will continue to work closely with our participating organisations and introduce service innovations to attract more investors, bolstering the competitiveness of our market.”
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