Markit keeps on turning up the numbers

Last month Euromoney wrote about how the valuations service sector was heating up. Financial data provider Markit subsequently announced a new multi-dealer valuations platform. Chief executive Lance Uggla explains to Alex Chambers how the firm is broadening its offerings from credit to OTC equities.

Credit valuations service sector heats up

March 2008

A beacon in the valuations storm?

WHAT’S IN A name? When the name Markit is brought up in discussion with a market participant one is still often met with the question: “Do you mean Mark-it Partners?” This shouldn’t dismay the proponents of the firm’s rebranding exercise, which took place in early 2004, because under its new or old title Markit is firmly engrained in most people’s minds.

The original name of this firm offers some insight into the driving force behind it and the strategy used to create one of the most dynamic financial services information companies.

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