MarkitSERV Enhances Technology of its NDFs and FX Platform TradeServ
Posted: Tue Nov 06, 2018 9:53 pm
MarkitServ, IHS Markit’s post-trade OTC derivatives processor, has introduced a new technology for its cloud-based platform, dubbed ‘TradeServ,’ which will eventually house its other platforms for post trade processing of OTC derivatives trades.
The development comes as data and analytics giant is no longer seeking a buyer for its derivatives processing business, after failing to reach an agreement on the value of the business.
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TradeServ aims to consolidate MarkitSERV’s post trade services, including MarkitWire, Markit Trade Manager (MTM) and DSMatch, onto one cloud enabled platform in order to improve service delivery and the ... (read more)