18 August 2017
visit www.avoka.com

Markit opens New York office

13 December 2004  |  1366 views  |  0 Source: Markit

Markit, the world's first integrated daily pricing service for global credit derivative, cash and loan instruments, is extending its global reach and 'on the ground' client support by opening an office in Times Square Tower in New York City.

Kevin Gould, executive vice president, will run the New York office and will be responsible for business development and sales in North America. Joining Mr. Gould are eight professionals with industry experience ranging from 5 to 20 years, enabling the UK-based company to better serve its growing North American client base and capitalise on opportunities in the rapidly expanding U.S. OTC markets.

Mr. Gould comments, "We have created a unique business with considerable market reach and a high level of client service. These are exciting times for us and the opening of the New York office is consistent with our goal to ensure Markit is universally recognised as the leading provider of definitive market data and associated services across all asset classes."

Markit's powerful suite of pricing and valuation tools helps its clients better manage their risk. Markit works with over 250 institutions globally, of which the majority are banks or hedge funds, where there is an increasing focus on independent sources of data for valuation.

Andrew Feldstein, who runs Blue Mountain Credit Alternatives, a $2.5bn credit hedge fund based in New York, comments, "As a user of Markit's services, it is clear they lead the market in providing daily credit derivative price information for valuation and risk management purposes. They have a great opportunity to expand their platform and increase their reach across products, curves and credits. We look forward to working with them even more closely when they open their New York office."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Who is commenting?

Top topics

Most viewed Most shared
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
10299 views comments | 8 tweets | 16 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8510 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7930 views 0 | 1 tweets | 9 linkedin
Uneasy sits the crown as cash use continues declineUneasy sits the crown as cash use continue...
7895 views comments | 3 tweets | 7 linkedin

Featured job

Find your next job