Markit, a leading, global financial information services company, has won Best Data Management Product and Best Pricing/Valuation Service at this year’s Buy-Side Technology Awards. The firm was also named Best Enterprise Data Management Provider at the Banking Technology Readers’ Choice Awards.
Markit’s Enterprise Data Management platform is the first to secure seven consecutive wins in the Buy-Side Technology data management category since the awards’ inception. In conjunction with the award from Banking Technology, the accolades demonstrate Markit’s commitment to serving firms on both the buy and sellside.
It is the fifth consecutive win for Markit in Buy-Side Technology’s Best Pricing/Valuation Service category and the recognition demonstrates the breadth of Markit’s data services across asset classes and the ability of the firm’s Portfolio Valuations service to meet the sophisticated needs of buyside firms worldwide.
Daniel Simpson, managing director and head of enterprise software at Markit, said: “When these awards were created, data management was viewed by most as a nice to have – today it’s a necessity, especially when it comes to regulatory compliance. Demonstrating compliance is about having an understanding of your data and your realtime exposure to risks. We’ve been working with our customers to remove silos and help them manage the growing volumes of data so they can enhance their business.”
Armins Rusis, managing director and head of information at Markit, said: “Customers turn to Markit for our ability to value complex instruments across asset classes, quality of data and for the transparency we provide throughout our pricing and valuations services. With the expansion of our services to cover more instruments, offer more frequent pricing snaps and flexibility for data delivery, we continue to evolve alongside our customers and this award is a reflection of those efforts.”