Markit Ltd. (MRKT) Announces Acquisition of Syndicated Loan Technology from J.P. Morgan
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Markit Acquires Syndicated Loan Technology from J.P. Morgan
February 9, 2016 9:28 AM ESTLONDON & NEW YORK--(BUSINESS WIRE)-- Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced it has acquired systems integration software developed by J.P. Morgan. Markit will make the software available to sellside and buyside institutions seeking to integrate with major systems used in the syndicated loan market, including agent servicing platforms and Markits trade settlement services.
Facilitating systems integration is an important step toward straight through processing of loan transactions and is... More
