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Markit Wins Best Sell-side Data Management Product

Markit, a leading, global financial information services company, is pleased to announce that its Enterprise Data Management (EDM) platform has been awarded “Best Sell-Side Data Management Product” at the first annual Sell-Side Technology Awards. The judges, who included representatives from leading sell-side institutions, highlighted Markit EDM’s sell-side credentials and its ability to service institutions of all types and sizes.

Victor Anderson, Editor, Waters Technology, said: "Markit EDM has seen tremendous growth in recent years, primarily across the buy-side. By winning the best sell-side data management category in the inaugural Sell-Side Technology Awards, Markit EDM has, as expected, made the transition to the sell-side. The reasons for Markit EDM's success are clear: It has an outstanding product backed up by unparalleled levels of service and experience. The acquisition of Cadis, now Markit EDM, by Markit in 2012, has provided the business with more resources to expand its offering, not only into its traditional buy-side stronghold, but increasingly into the sell-side too."

Daniel Simpson, Managing Director and Head of Markit EDM, said: “We are honoured to receive this prestigious accolade. We are experiencing outstanding growth on the sell-side and now count over 20 banks among our customer base. This award is testament to our commitment to innovation and our ability to provide our customers with a scalable solution to meet their growing data volumes and requirements.”

The Sell-Side Technology Awards recognise the leading technologies and third-party vendors in their area of expertise, using an auditable and transparent methodology underpinned by the input of eight judges — four sell-side CIOs/consultants and four of Waters Technology’s senior staff members.