Dow Jones joins Markit hub

Source: Markit

Markit, a leading, global financial information services company, today announced that Dow Jones & Company has joined Markit Hub as the first third-party content provider.

Markit Hub is a web-based business intelligence platform that provides institutional market participants with direct-to-source access to research, commentary, news, data and analytics from global banks and major third-party providers.

Markit Hub customers will now gain access to Dow Jones Global Markets News, a leading news and business information service. Content includes breaking stories from Dow Jones Newswires and commentary from Heard On The Street, DJ Market Talk, Money Talks, Big Picture and Charting Money.

Markit Hub's commingled headlines and advanced navigation and filtering tools provide fast, customised access to a rich content set. The platform manages over 150,000 users at more than 3,000 investment firms across the globe with approximately 60% of customers based in North America and 40% split across Europe, Asia and Latin America.

Lance Uggla, Chief Executive Officer of Markit, said: "The addition of Dow Jones and its world-class news services enriches Markit Hub's content set and builds on the platform's value to the financial services community. We continue to add major content providers to respond to increasing demand for customised views of multiple data sources."

Joe Lanza, President of Financial Markets, Dow Jones & Company, said: "Dow Jones is committed to providing the critical business news and information to financial professionals when, where and how they need it. Our alliance with Markit offers customers a primary vehicle for seamlessly integrating the news they need into their workflow."

Built on the single sign-on technology and established client base of BondHub, a leading fixed income institutional research platform that was acquired by Markit in 2009 and subsequently updated and rebranded, Markit Hub now spans multiple asset classes including fixed income, equities, commodities and FX. Social media tools will be added to Markit Hub later this year to enable the user community to disc to discuss, share and collaborate on content with a network of qualified peers.

Open to all content providers, Markit Hub currently includes Bank of America-Merrill Lynch, Barclays Capital, BNP Paribas, Citi, Credit Suisse, Dow Jones, Goldman Sachs, J.P. Morgan, Morgan Stanley and UBS. Additional leading research and media companies as well as global financial institutions are expected to join Markit Hub in the coming months.

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