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Markit

Markit Ltd. is a global financial information and services company with over 4,000 employees, founded in 2003 as independent source of credit derivative pricing. The company provides independent data, trade processing of derivatives, foreign exchange and loans, customised technology platforms and managed services. The company aims to enhance transparency, reduce financial risk and improve operational efficiency. Its client base includes institutional participants in the financial marketplace.On March 21, 2016, Markit announced an all-stock merger of equals with IHS Inc. to form IHS Markit.

The previously announced deal to merge IHS and Markit closed on July 12, 2016.