Markit Group Limited
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| Markit | |
| Founded | 2001 |
|---|---|
| Headquarters | London |
| Key People | Lance Uggla Chief Executive Officer |
| Employees | 1,000 + plus |
| Products | financial information on the credit derivatives markets |
| Web site | [www.markit.com] |
Markit is a financial information firm, founded in 2001, which provides credit derivatives and credit default swaps pricing, data, valuations and trade processing services. The firm works with 1,000 financial firms globally such as investment banks, hedge funds, asset managers, central banks, regulators, rating agencies and insurance companies.[1] More than 85 dealing firms have financial data relationships with Markit.
The firm also has been a key player in the CDS index space. On October 16, 2008, NYSE Euronext signed a license agreement to use Markit's iTraxx European CDS index and clear it through NYSE Euronext's Bclear platform.[2]
Markit has also worked closely with Creditex Group Inc. in the area of credit derivatives compression services, which basically finds offsetting CDS trades and offsets them in a company's portfolio. Both firms were selected by the International Swaps and Derivatives Association (ISDA) to provide infrastructure support commitments made by major market participants to the Federal Reserve Bank of New York in October 2008.
Contents |
History
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Products and Services
Key People
Lance Uggla Chief Executive Officer
Shane Akeroyd Executive Vice President, Co-Head of Global Sales and Marketing
Niall Cameron Executive Vice President, Index Management, KYC and Equities
Jan De Roeck Executive Vice President, Strategic Accounts and Distribution Sales
Jeff Gooch Executive Vice President, Head of Trade Processing and Portfolio Valuations
Kevin Gould Executive Vice President, Head of Data and Analytics
Rony Grushka Chief Financial Officer
Trevor Hill Managing Director, Global Head of Human Resources
Steve Lefler Chief Information Officer
Michael Rushmore Executive Vice President, Co-Head of Global Sales and Marketing
Leo Schlinkert Executive Vice President, Distribution
References
- ↑ About Markit. Markit. Retrieved on November 17, 2008.
- ↑ Liffe Joins Markit on CDS Clearing. marketsmedia. Retrieved on October 17, 2008.
