Wisconsin's SWIB Taps Markit for EDM

Lays foundation for new data, reconciliations hub.

SWIB is based in Madison, Wis.

The State of WIsconsin Investment Board (SWIB), a $104 billion government-owned pension fund based in Madison, will use Markit's enterprise data management platform to revamp its data and reconciliation functions.

After evaluating a number of products in the EDM landscape, SWIB identified Markit as the best solution for its complex business and technical needs.

“SWIB needed a solution to effectively harness the immense amount of data that we need as a global investment management organization,” says Lori Wersal, SWIB’s chief financial officer. “Markit’s broad base of capabilities and flexibility will allow us to reduce the time for data requests and provide higher quality and readily available data for modelling, analysis and investment decisions.”

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