 | |
| Company type | Public |
|---|---|
| Nasdaq: MRKT | |
| Industry | Financial services |
| Founded | 2003 |
| Defunct | 12 July 2016 |
| Fate | in 2016 merged with IHS Inc. to form IHS Markit |
| Successor | IHS Markit |
| Headquarters | London, United Kingdom |
Number of locations | 21 offices |
Area served | Worldwide |
Key people | Jerre Stead (CEO IHS Markit) & Lance Uggla (president IHS Markit)[1] |
| Products | Financial information Financial processing Financial services Financial solutions Market data vendor |
| Revenue |  US$ $1.5 billion [2] |
Number of employees | 4,500 (October 2015) |
| Divisions | Information Processing Solutions |
| Website | www |
Markit was a British financial information and services company that focused on credit derivative pricing. It was founded in 2003 and merged in 2016 with IHS to form IHS Markit.
Prior to its merger it had 4,500 employees in 21 offices worldwide and was as an independent source of credit derivative pricing.[3] The company provided independent financial data, trade processing of derivatives, foreign exchange and loans, customised technology platforms and managed services. The company aimed to enhance corporate transparency, reduce financial risk and improve operational economic efficiency. Its client base included institutional participants in the financial marketplace.
On 12 July 2016, Markit and IHS Inc. merged in an all-stock merger of equals to form IHS Markit.[4][5] IHS Markit later merged with S&P Global on 28 February 2022.[6]
- ^ "IHS Markit - About Us". ihsmarkit.com.
- ^ "Final Prospectus". SEC. 20 June 2014. Retrieved 24 June 2014.
- ^ Markit USD Interest Rate Curve XML Specification (PDF) (Report). Markit. 30 March 2009.
- ^ "IHS and Markit to Merge, Creating a Global Leader in Critical Information, Analytics and Solutions". BusinessWire. 21 March 2016.
- ^ "IHS Markit Rings Opening Bell at Nasdaq, Unveils New Logo - IHS Online Newsroom". press.ihs.com.
- ^ "S&P Global Completes Merger with IHS Markit, Creating a Global Leader to Power the Markets of the Future". businessinsider.com. 28 February 2022. Retrieved 5 March 2024.