IHS Markit

Start with Markit.  We provide growing companies with the information and data they need to scale their business and enhance their products.  

Markit is a leading global provider of financial information services.  We provide products that enhance transparency, reduce risk and improve operational efficiency.  Our customers include banks, hedge funds, asset managers, central banks, regulators, auditors, fund administrators and insurance companies.  Founded in 2003, we employ over 4,000 people in 11 countries.  Markit shares are listed on Nasdaq under the symbol MRKT.

Pricing data Indices
        CDS         Bonds
        Bonds         Credit derivatives
        Loans         Structured Products
        OTC Derivatives Securities Finance Data
Reference Data ETP Data
        CDS  
        Bonds  
        Loans  

Available products

Pricing Data

Markit provides high quality, independent pricing data for bonds, CDS and loans to drive informed decisions around trading, valuations and risk management. Our data delivers insight, reliability and transparency to help customers navigate evolving business requirements and increasing scrutiny on valuations. Our coverage includes more than 2.3 million bonds, 2,400 CDS entities and 6,400 leveraged loan facilities.

CDS

Our CDS pricing service is driven by contributed CDS data from market makers’ official books of record, live quotes and clearing submissions and results. All data is processed using rigorous automated cleaning tests to ensure data quality.

Bonds

Markit Pricing Data for bonds uses price inputs from a variety of sources that are either aggregated to calculate composite levels or fed into a dynamic model to produce a price validated against a number of parameters. The service also includes full transparency on the depth of price sources used, a liquidity score reflecting the frequency and breadth of pricing inputs and comprehensive analytics.

Loans

Markit Pricing Data for loans uses its contributor-based pricing system and sophisticated parsing technology to provide loan market investors a dataset they can depend on. It also offers liquidity scores and metrics for the leveraged loan market such as the number of dealers quoting with the size and the average size quoted.

OTC Derivatives

Markit’s OTC Derivatives Data provides both buyside and sellside firms with independent, high quality and multi-sourced curve and volatility data. Our derived dataset helps customers support risk management, trading, valuations and compliance functions. Customers have access to transparent inputs, methodologies and a robust data challenge process.

Markit’s rates data is derived from multi-sourced inputs, including banks and major interdealer brokers, with coverage across interest rate swaps, options and inflation asset types. Stringent quality control tests are used to verify data accuracy and completeness. Flexible data delivery includes a historical time series, four intraday snaps to support regional closes and customised data configurations.

Markit’s equity volatility data is derived from inputs sourced through exchanges and major sellside market participants with coverage across global indices and single name stocks. The data is based on closing option prices, giving customers timely and consistent datasets of implied volatilities, forwards and discount factors out to a maximum of ten years for equity indices and five years for single stocks. The strike range runs from 50% to 150% for each maturity and contributor depth is shown for each term and strike for transparency.

Reference Data

Consolidated access to our comprehensive content offerings across a diverse range of asset classes and geographies. A suite of flexible delivery Markit Reference Data supports the credit derivative, bond, equity, syndicated loan and legal entity data needs of the financial markets. Our broad range of data is specifically designed to facilitate securities trading, settlement, risk management and back-office functions, including accounting and client reporting.

CDS

Markit Reference Data confirms the relationship between a reference entity and a reference obligation, as well as corporate actions, CDS succession events and credit events. We also provide verified index and constituent information for credit indices, including updated weighting and index factors upon a credit event.

Bonds

Markit Reference Data aggregates and validates detailed global bond information, including issuer details, currency, maturity, income and corporate actions. Our comprehensive offering helps improve operational efficiency and supports intraday decision-making and risk management processes.

Loans

The Loan Reference dataset includes realtime corporate actions and granular credit agreement details, such as covenant schedules, pricing grids and prepayment rules, for private and public loans. Using our data, market participants can quickly assess protection and cures that are offered in credit agreements and identify covenant-lite assets based on any custom definition.

Indices

Our indices provide a transparent view of the fixed income market. By monitoring and adapting to industry changes, we ensure our products align with customers’ business and regulatory needs. Publicly available documentation provides transparency, including constituent details and index construction, calculation and rebalancing rules. Our data is available via end of day and intraday feeds, including the Markit website, automated feeds and through third party data providers.

Bonds 

Markit iBoxx fixed income indices are independent and based on multi-source pricing for improved accuracy. They are used for passive or active portfolio management, research, as well as underlying for ETFs and structured products. The indices cover major currencies and bond segments.

CDS

Markit delivers global credit default swap indices that cover loans as well as corporate, municipal and sovereign debt. The indices are composed of underlying credit default swaps and are tradable products that allow investors to establish long or short credit risk positions in specific credit markets or segments.

Securitised products

Our securitised product indices are synthetic, tradable index products that allow investors to gain exposure to securitised products through credit default swaps and total return swaps.

Securities Finance

Markit provides global securities financing data to help customers manage securities lending programmes, manage collateral, optimise trading performance and enhance investment decision making.

The dataset covers more than $15 trillion of global securities in the lending programmes of over 20,000 institutional funds. It includes more than 3 million intraday transactions dating back 10 years.

We source our data directly from leading industry practitioners, including prime brokers, custodians, asset managers and hedge funds. A variety of data delivery channels, including web applications, Excel add-in, data feed, XML API and third party data providers, enable integration into workflows.

DeltaOne ETP Data

The DeltaOne Solutions’ SOLA platform delivers the investment management community a comprehensive technology-enabled service, delivering high quality, timely and accurate Global Index and ETF composition data, across all asset classes, customized for client use, 24 hours a day. SOLA improves data quality, facilitates data governance and reduces total cost of ownership.