News In brief

MarkitServ set for launch

London-based financial data company Markit and the Depository Trust & Clearing Corporation (DTCC) last week (August 11) announced they will launch a new company, MarkitServ, on September 1. MarkitServ will combine the electronic trade confirmation and workflow platforms of both firms into a single gateway for over-the-counter derivatives trade processing.

The company will combine the DTCC Deriv/Serv and Markit Wire trade confirmation platforms to cover credit, interest

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