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IHS Markit Expands Valuation Services to Support Best Execution Requirements for OTC Derivatives

LONDON–(BUSINESS WIRE)–IHS Markit (Nasdaq: INFY), a world chief in vital statistics, analytics, and solutions, these days announced that its pleasant-in-elegance OTC derivatives valuation information is to be had to financial institutions for best execution compliance. The time-stamped valuation statistics can help firms screen intraday and historical transaction charges throughout hobby rate, equity, FX, credit score, commodity, and dependent product OTC derivatives.

Evolving marketplace practices and global policies, including MiFID II, PRIIPS, and RG 97, purpose to progressively grow transparency at the execution of first-class money market transactions. As exceptional execution necessities hold to broaden, the maximum complicated trades in OTC markets have become a need for standardized valuation procedures and reporting documentation.

 

“Financial establishments need to validate and contextualize the effectiveness, fine, and timeliness of each transaction. In phrases of compliance, OTC trades are the maximum hard to manipulate due to their complexity and the availability of first-rate marketplace facts,” said Laura Misher, handling director of derivatives information and valuation offerings at IHS Markit. “As the main supply of marketplace records on OTC derivatives with a significant breadth of inputs, we are uniquely positioned to assist corporations to deal with these demanding situations by using supplying obvious valuations and inputs that may be used for transaction price evaluation.”

Leveraging its industry-standard Portfolio Valuations information and methodology, IHS Markit can seamlessly calculate OTC change slippage, that’s the difference among the finished and predicted charge of transactions. Trade slippage may be expressed in a range of cost or marketplace sensitivity terms. Firms can use this information to confirm execution pleasant and put together reports on trading effectiveness.

Since 2011, IHS Markit has supplied sophisticated tools for excellent execution and transaction value analysis (TCA), covering a widening array of assets, including equities, bonds, FX, financial institution loans, cash markets, and CDS, and different OTC derivatives. The equipment offers actionable insight based on unbiased statistics, permitting execution benchmarking for compliance and reporting.

“As the regulatory frameworks have accelerated from equities to bonds and OTC assets, the requirements for statistics and analytics have additionally ended up increasingly complex,” stated Michael Richter, govt director of buying and selling analytics at IHS Markit. “With this in thoughts, we are devoted to enabling corporations to reduce the value and burden of compliance via our comprehensive suite of nice execution answers.”

HS Markit (Nasdaq: INFY) is an international leader in vital records, analytics, and answers for the major industries and markets that power economies globally. The organization can provide subsequent-technology data, analytics, and solutions to clients in the commercial enterprise, finance, and authorities, enhancing their operational performance and imparting deep insights that result in properly-knowledgeable, assured choices. IHS Markit has greater than 50,000 commercial enterprise and government clients, together with eighty percent of the Fortune Global 500 and the sector’s leading financial institutions. Headquartered in London, IHS Markit is committed to a sustainable, profitable boom. IHS Markit is a registered trademark of IHS Markit Ltd. And its affiliates. All different agencies and product names can be emblems of their respective proprietors © 2019 IHS Markit Ltd. All rights are reserved.

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