Tag: Markit Ltd (NASDAQ:MRKT)

November 18, 2015 BY Maria Nikolova

Markit's netting synchronisation service for cleared OTC derivatives goes live

Provider of financial information services Markit Ltd (NASDAQ:MRKT) on Tuesday announced the launch of a service designed to help banks automatically update their risk systems after netting and compression activity at their clearing houses. The service went live with LCH.Clearnet’s SwapClear and is due to expand to other clearing houses. Netting exposures within a clearing…

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November 11, 2015 BY Maria Nikolova

Markit partners with Aberdeen Asset Management over valuation of hard to price assets

Markit Ltd (NASDAQ:MRKT), an international provider of financial information services, today announced that it was selected by Aberdeen Asset Management to value hard to price assets for positions with limited market data. Markit’s hard to price valuation service provides valuations for seldom traded assets, private placement debt and unlisted equity positions. The service uses high…

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