Markit taps Wall Street Horizon for event data

Source: Wall Street Horizon

Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced that it has selected Wall Street Horizon (WSH) to supply corporate events data to Markit Hub. Markit Hub aggregates research, analysis and news content from global banks, information providers and news agencies.

Markit Hub customers will gain access to WSH’s acclaimed forward-looking and historical corporate events datasets, providing information to help professionals manage risk, understand price movement, avoid volatility, and generate alpha. Accurate corporate events data is an increasingly important part of buyside firms’ toolkits, according to WSH’s 2016 Corporate Event Research Survey.

“Markit Hub was created to aggregate the most relevant and high-quality research and data necessary for users to operate effectively on a day-to-day basis,” said Tom Conigliaro, managing director of Trading Services at Markit. “With the addition of Wall Street Horizon’s events data, customers will be finely tuned to less visible, but increasingly vital indicators.”

“Corporate events can have a significant impact on investment strategy, timing and outcome,” said Bruce Fador, president and CCO of Wall Street Horizon. “Markit’s recognition of the value in adding our forward looking event dates lends further credence to its importance to investors. We’re thrilled to partner with Markit to make our unique data offerings available to such an influential user base.”

Markit Hub provides a centralised interface for managing sellside and independent research, industry content, economic research, company fundamentals and filings. More than 20,000 financial market professionals, representing over 14,000 investment firms, use Markit Hub to access research, news and data from global banks, news and third-party research providers.  

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