As financial firms face a deluge of raw information on corporate actions, the risks and costs associated with acquiring
and managing this data are higher than ever. An investment decision based on poor data quality, in terms of both accuracy
and timeliness, can have enormous ramifications, with potential exposure running into the millions of dollars.
Markit provides unlimited access to corporate action data and allows customers to view full details in real time, including
event-level data, dates, options, terms and conditions and restrictions. We offer access to a variety of data vendors through
our platform, allowing customers the flexibility to select the vendors they want to work with, which can provide them further
control over data costs.
The Markit team validates data through an intricate and precise process of consolidating, researching and validating announcement
information. Through this validation process, we enhance vendor records and resolve conflicting information to provide customers with
a single golden corporate action record.
The service offers a low-cost entry point to the comprehensive and high quality data once only available to those who subscribed
to multiple, expensive data sources.