IHS Markit Recognized for Innovation in Derivatives Markets
October 19 2018 - 11:56AM
Business Wire
GlobalCapital again recognizes IHS Markit for global leadership
in derivatives pricing, valuation and indices
IHS Markit (Nasdaq: INFO), a world leader in critical
information, analytics and solutions, today announced that it was
named Risk Management, Pricing & Valuations Provider of the
Year and Index Administration & Benchmark Services Provider of
the Year at the 2018 GlobalCapital Global Derivatives Awards.
“In its work in index administration, IHS Markit is taking a
lead in preparing the industry for some of the important but less
recognized flashpoints of benchmark reform. Its investment and
ambition in the risk management, pricing and valuation of
derivatives has made it a worthy winner in that category as well,”
said the editors at GlobalCapital.
In 2018, IHS Markit made several significant investments to
expand its global derivatives pricing, valuations and index
services businesses. The firm acquired Paris-based DeriveXperts,
expanding its capabilities in valuing equity derivatives, FX
derivatives, interest rate swaps and structured notes. It also
launched a service for calculating initial margin required for
non-cleared derivatives and now offers a complete collateral
management solution for automating and streamlining the margin
lifecycle.
“We are honored that GlobalCapital again recognizes us for the
leading services we provide to global derivatives markets,” said Ed
Chidsey, global head of pricing, valuations and reference data at
IHS Markit. “We’ve invested heavily to deliver comprehensive
derivatives data and valuations solutions that help the industry
manage complex processes, such as initial margin, efficiently.”
Also in 2018, IHS Markit gained the Financial Conduct
Authority’s approval as an authorized benchmark administrator. This
enables EU and non-EU market participants to continue referencing a
broad range of financial and commodity indices from IHS Markit in
compliance with the European Benchmark Regulation (BMR).
“Our transparent, rules-based indices for derivatives, bonds,
equities and other assets serve as leading benchmarks around the
world,” said Sophia Dancygier, global head of indices at IHS
Markit. “Being an early mover in earning FCA authorization under
BMR was a natural step for our index administration service, and
our broader franchise.”
IHS Markit also won awards for risk management and index
services at GlobalCapital’s Americas Derivatives Awards program
earlier this year.
For more than 30 years, GlobalCapital has been a leading news,
opinion and data service for international capital markets.
About IHS Markit
(www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical
information, analytics and solutions for the major industries and
markets that drive economies worldwide. The company delivers
next-generation information, analytics and solutions to customers
in business, finance and government, improving their operational
efficiency and providing deep insights that lead to well-informed,
confident decisions. IHS Markit has more than 50,000 business and
government customers, including 80 percent of the Fortune Global
500 and the world’s leading financial institutions. Headquartered
in London, IHS Markit is committed to sustainable, profitable
growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or
its affiliates. All other company and product names may be
trademarks of their respective owners © 2018 IHS Markit Ltd. All
rights reserved.
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IHS MarkitMel Phillips, +1 212 931
4941Mel.Phillips1@ihsmarkit.comorPress
Team, +1 303 305 8021press@ihsmarkit.com
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