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    Profile of registrant

Markit

Identification number in the register: 28748136794-46
Registration date: 27/09/2011 14:51:42

The information on this entity was last modified on: 02/09/2014 14:24:34
The date of the last annual update was: 02/09/2014 14:24:34

This entry follows the format of the previous Register. It will be changed to the new format when the entity makes the next update.
Next update due latest on: 27/04/2015

    Registrant : Organisation or self-employed individual

Markit

Corporation

    Section of registration

II - In-house lobbyists and trade/professional associations

Companies & groups

    Contact details

Ropemaker Street, 25
4th floor
London EC2Y 9LY
UNITED KINGDOM

(+44) 2072602000

(+) 

    Person with legal responsibility

Mr  Lance Uggla

Chief Executive Officer

    Person in charge of EU relations

Mr  Marcus Schüler

Managing Director

    Goals / remit

Markit is a leading, global financial information services company with over 3,000 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Its client base includes the most significant institutional participants in the financial marketplace.

Most of Markit's processing services are provided by MarkitSERV. MarkitSERV provides a single gateway for OTC derivatives trade processing. By integrating trade confirmation, reporting, routing to clearing, allocations and portfolio reconciliation, MarkitSERV provides an end-to-end solution for post-trade transaction management of credit, interest rate, equity and foreign exchange derivatives. MarkitSERV also connects dealers and buy-side institutions to central clearing counterparties, trade repositories, and electronic swap markets.

  • European
  • global
  • national

    Activities

Markit has been actively and constructively engaged in the discussion regarding regulatory reform of financial markets. We regularly provide regulatory authorities with our insights on current market practice, for example in relation to the confirmation of derivative transactions, efficient means of reporting transactions to Trade Repositories, clearing connectivity, or portfolio reconciliation practices. We have also advised regulatory bodies on approaches to enable timely and cost-effective implementation of newly established requirements, for example through the use of multi-layered phase-in or by providing participants with a choice of means for satisfying regulatory requirements. Additionally, we work closely with the industry and other relevant third-party providers to ensure adequate preparation, testing and data loading.

    Number of persons involved in the activities described in the box above

1

    Persons accredited for access to European Parliament premises

No accredited persons

    Fields of interest

  • Competition
  • Economic and Financial Affairs
  • Energy
  • Environment
  • Internal Market

    Membership and affiliation

CSFI
Financial Futures Forum
Financial Information Services Division
FIX Protocol
FIA
EDM Council
Gulf Bond and Sukuk Association
International Swaps and Derivatives Association, Inc
Loan Market Association
Loan Syndication and Trading Association
QED

    Financial data

01/2013  -  12/2013

< 50,000  €

0 €

0 €

    Code of conduct

By its registration the organisation has signed the Transparency Register Code of Conduct.