Interactive Data's pricing and reference data business has signed an agreement with the Bond Pricing Agency Malaysia (BPA Malaysia) to market its international fixed-income evaluated pricing in the Malaysian market.

Based in Kuala Lumpur, BPA Malaysia is a registered bond pricing agency in the Malaysian market, with a wide range of clients including fund and asset managers. The company currently serves over 100 local and international financial institutions and also works with a wide range of strategic partners.

Interactive Data is a US-based provider of financial market data, analytics and related solutions to financial institutions and traders, as well as software and service providers.

Meor Amri Meor Ayob, CEO of BPA Malaysia, said: “We have seen an increasing need from the Malaysian market for independent evaluated pricing, especially for hard-to-value international securities, as domestic firms seek to manage their risk exposure. Through the agreement with Interactive Data, we can now provide our clients with both domestic and international evaluated prices.”

Magnus Cattan, business development director for Asia at Interactive Data, said: “Interactive Data has experienced teams of professionals dedicated to providing evaluated pricing, ensuring that their processes incorporate a broad range of credit information, perceived market movements and sector news. We are very pleased to work with BPA Malaysia to help provide our international evaluated pricing to their Malaysian clients.”