Markit launches cross-asset client valuations platform

By Sara Rosenberg

New York, Feb. 25 - Markit is launching its multi-bank, cross-asset client valuations platform, Markit Valuations Manager, which was first announced in this month, according to a news release.

The Valuations Manager provides a secure, standardized view of over-the-counter derivative positions and derivative and cash instrument valuations across counterparties on a single electronic platform.

The platform is being launched with six banks - Bank of America Merrill Lynch, Citi, Credit Suisse, Goldman Sachs, J.P. Morgan and UBS.

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