FSA Picks Markit To Provide Derivatives Trading Software

Markit Group Limited, a provider of independent data, portfolio valuations and OTC derivatives trade processing, announced Monday that the Financial Services Authority has selected Markit as its provider of credit data services. Under the agreement the FSA will use Markit's

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Markit Group Limited, a provider of independent data, portfolio valuations and OTC derivatives trade processing, announced Monday that the Financial Services Authority has selected Markit as its provider of credit data services.

Under the agreement the FSA will use Markit’s benchmark credit default swap pricing data and its reference entity database for research and regulatory purposes.

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