Taking Advantage of the Credit Boom

ON THE RECORD

The global credit market is booming, and the requirements for data are increasing, too. Markit, a UK-based provider of credit pricing services, is one of the vendors trying to take advantage of this.

Markit introduced its first product, a credit derivatives data product, in 2003. Later that year it bought Project RED, a credit derivatives service, from Deutsche Bank, Goldman Sachs and JP Morgan. Since then the company has attracted investments from a total of 13 banks, as well as acquiring L

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