Quantifi, a leading provider of analytics and risk management solutions to the global credit markets, today announced that it has received Certified Alliance Partner status under Markit's certification program.
Markit is the leading provider of independent data, portfolio valuations and trade processing. The Markit Alliance certification program was launched earlier on this year to ensure that the technical integration of Markit's products and services by third party vendors is of the highest quality and as up-to-date as possible. Certification gives mutual clients a high level of confidence of a seamless and smooth integration.
Quantifi received this certification after demonstrating that its integration of CDS, CDS Indices, RED (Reference Entity Database) and Tranche data met the standards as defined by the Markit program.
"Quantifi has a long history with Markit and has provided a turn-key pricing and structuring tool by leveraging a tightly integrated data feed from Markit for some time. This rapid certification reflects our comprehensive and seamless integration of Markit CDS, Index, RED, and Tranche data," said Rohan Douglas, Founder and CEO of Quantifi.
"We are pleased to welcome Quantifi as a Markit Certified Alliance Partner. This certification demonstrates that we share the same commitment to providing a high quality service to our mutual clients. Going forward, we will go on working closely together to ensure that the integration remains as up-to-date as possible," said Nicola von Schroeter, Global Head of the Markit Alliance Program.