Markit
Markit is a leading, global financial information services company with over 1,500 employees. Over 1,500 financial institutions use Markit’s independent services to manage risk, improve operational efficiency and meet regulatory requirements.
Markit and SimCorp have collaborated to create an interface to upload automatically data from Markit's Reference Entity Database and RED Index Annex, along with spread data on corporate debt CDS, credit indices and tranches.
As a result SimCorp Dimension users can improve efficiency and reduce risk when processing these instruments.
Markit was founded in 2001 as the first independent source of credit derivative pricing. Today, Markit's data, valuations and trade processing services are regarded as a market standard in the global financial markets.
Markit's clients include hedge funds, asset managers, central banks, regulators, rating agencies and insurance companies. The company provides round-the-clock support from its offices in London, New York, Dallas, Toronto, Amsterdam, Frankfurt, Luxembourg, Tokyo and Singapore.
For more information about Markit's solutions, please visit www.markit.com.
