Kiatnakin Phatra Bank Adopts B-PIPE to Enhance its FX Pricing Engine

Integrating Bloomberg’s real-time market data feed will help improve operational efficiency and support the bank’s digital transformation journey

Bangkok, Thailand – Bloomberg today announced that Kiatnakin Phatra Bank (“KKPB”), a leading service commercial bank specializing in brokerage and private wealth headquartered in Thailand, will use Bloomberg’s flagship real-time market data feed, B-PIPE, to digitize its FX workflow. B-PIPE will help KKPB enable greater automation and optimize its FX pricing engine.

KKPB, a subsidiary of Kiatnakin Phatra Financial Group, has been rapidly adopting the latest automation and digitization technologies to enhance its competitiveness and grow its business. B-PIPE will deliver consolidated and normalized real-time streaming prices directly to KKPB’s FX pricing engine, helping to ensure the bank’s clients benefit from the latest FX rates.

“As Thailand’s finance and banking industry continues to evolve, Kiatnakin Phatra Bank is committed to staying ahead of the curve to better serve our clients,” said Weerawich Roekchamnong, Executive Vice President and Head of Product Management and Business Support, Kiatnakin Phatra Bank. “We believe adopting Bloomberg’s B-PIPE solution is a key step in our continued focus on improving operational efficiency across our organization and that Bloomberg’s delivery of reliable, high-quality data backed up by world-leading customer support will allow us to unlock our full growth potential.”

“With today’s rapidly changing investment environment accelerated by new technologies, the ability to streamline and automate data and workflows is now more important than ever,” said Heena Chakravorti, Head of Enterprise Data and Technology Sales, APAC, Bloomberg. “We’re proud to be able to support Kiatnakin Phatra Bank’s optimization of its FX pricing engines, automation of workflows and overall digitization journey.”

B-PIPE’s tick for tick market data and supplemental services are accessible from anywhere, including globally in all three major public cloud providers. B-PIPE provides low latency access to 35 million instruments across all asset classes, aggregated from over 350 exchanges and more than 5,000 contributors, as well as Bloomberg pricing sources and market indices.

B-PIPE is part of Bloomberg’s Enterprise Data business, which produces comprehensive pricing, reference and regulatory data sets, real-time market, event and news data, liquidity analytics along with data management and distribution technologies.

For more information about Bloomberg’s flagship market data feed, or B-PIPE, please visit: https://www.bloomberg.com/professional/product/market-data/.

About Bloomberg

Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

About Kiatnakin Phatra Bank Plc.

Kiatnakin Phatra Bank Public Company Limited (KKPB) is part of Kiatnakin Phatra Financial Group which consists of Kiatnakin Phatra Bank, Kiatnakin Phatra Securities, Kiatnakin Phatra Asset Management, and KKP Dime Securities Company Limited. The group is committed to providing financial resource to clients properly, adequately and proficiently through service beyond expectation and like none other.

KKPB provides banking products and services which include corporate loans, real estate loans, SME loans, and retail loans such as car loans, housing loans, and personal loans. It is also linked to the group’s capital market arm, which provides a full range of investment services including investment banking, securities brokerage, wealth management, direct investment, and asset management. For more information, please visit www.kkpfg.com.

Media Contact

Mandy Wu, +65 9621 9960, mwu462@bloomberg.net

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