CTOS Digital set to maintain market dominance

KUALA LUMPUR: Credit Suisse expects CTOS Digital Bhd (CTOS) to maintain its market dominance as it has an extensive database that is difficult to replicate, strong brand and loyal following strict regulatory requirements, and deeper pockets to build capability.

In its equity research note, it said CTOS is deemed to be a leading credit rating agency (CRA) in Asean, with a leading presence in the Malaysia (71%) and Thailand (59%) markets.