Markit Acquires Data Explorers in Buy-Side Play

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Some acquisitions in the financial technology make more sense than others. Considering prevailing conditions in the market today, one would be hard-pressed to find a brighter combination than new buy-side technology offerings enabled by expansive information. UK credit data provider Markit claims it has achieved that combination with its addition this week of securities lending data provider Data Explorers. The latter, which Markit acquired from private equity firm Bowmark Capital, maintains