Markit
Markit was a British financial information and services company with over 4,000 employees, founded in 2003 as an independent source of credit derivative pricing. The company provides independent data, trade processing of derivatives, foreign exchange and loans, customised technology platforms and managed services. The company aims to enhance transparency, reduce financial risk and improve operational efficiency. Its client base includes institutional participants in the financial marketplace. On 12 July 2016, Markit and IHS Inc. merged in an all-stock merger of equals to form IHS Markit. IHS Markit later merged with S&P Global on 28 February 2022.
| Company type | Public |
|---|---|
| Nasdaq: MRKT | |
| Industry | Financial services |
| Founded | 2003 |
| Defunct | 12 July 2016 |
| Fate | in 2016 merged with IHS Inc. to form IHS Markit |
| Successor | IHS Markit |
| Headquarters | London, United Kingdom |
Number of locations | 21 offices |
Area served | Worldwide |
Key people | Jerre Stead (CEO IHS Markit) & Lance Uggla (President IHS Markit) |
| Products | Financial information Financial processing Financial services Financial solutions Market data vendor |
| Revenue | US$ $1.5 billion |
Number of employees | 4,500 (October 2015) |
| Divisions | Information Processing Solutions |
| Website | www |
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.