Press releases tend to be filled with plenty of hyperbole thanks to PR teams looking at every word in an announcement as another opportunity to highlight why the news is so important. That's why at first glance labeling the Markit-IHS merger as the creation of a "global information powerhouse" might seem like a bit of an exaggeration.
However, facts are facts, and the new merged company, renamed IHS Markit, is valued at more than $13 billion, according to closing prices of IHS and Markit common
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails