Evolving regulations require that firms have policies mandating the retention of pre-trade communication for mark-to-market valuation,
the calculation of capital requirements, and to serve as evidence that trades are executed at fair market prices. As a result, OTC market
participants are increasingly demanding access to message and price history to meet compliance and reporting requirements.
Markit Parsing combines adaptive, real-time message parsing technology with our pricing data and industry knowledge to offer a dynamic
service that extracts and stores OTC pricing content from messages. The combination of hosted technology and a dedicated data quality team
ensures that customers consistently receive timely and accurate parsed data in a wide range of formats and delivery methods. This allows
customers to integrate observable prices into trading, valuation and audit processes.