A spokesperson for Markit says that the investment from General Atlantic will allow the vendor to provide liquidity for staff looking to cash out of their employee stock ownership plans, as well as providing it with cash to fund potential acquisitions. However, the spokesperson declines to identify any potential acquisitions or comment on whether the firm is considering a play for Interactive Data, suggesting that the two vendors may not be "culturally compatible."
However, one source says a pote
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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