Bursa Malaysia Berhad has launched an API Gateway to enhance the efficiency of the Central Depository System (CDS) account management by brokers, improving the onboarding process for investors. This initiative aims to streamline account opening, updating, and reactivation, enabling quicker trading opportunities.
It also supports brokers in digitalizing processes, improving customer experience, and promoting sustainability. CEO Datuk Muhamad Umar Swift emphasized the Exchange’s commitment to customer-centric innovations. Currently, five brokers have adopted the service.
The API gateway
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“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 POs and introduce service innovations to attract more investors, bolstering the competitiveness of our market,” he says.
This development complements the BURSA Remisier Acquisition Hub, facilitating connections between investors and dealer representatives, showcasing Bursa Malaysia’s dedication to leveraging technology for a dynamic capital market.
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