Press Release – 13 January 2010
Markit Completes Acquisition of ClearPar

New York, NY and London – Markit, a leading, global financial information services company, today announced it has completed its acquisition of ClearPar.  ClearPar is an automated syndicated loan operations platform used for the settlement of par and distressed loan trades in the U.S. and Europe. 

The ClearPar business, which will be rebranded in due course, will operate from Markit’s offices in London, New York City and Valley Cottage, NY.   

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For More Information, Please Contact
Michael Gormley
Director
Markit
Telephone: +1 212 205 1310
Email: michael.gormley@markit.com
About Markit
Markit is a leading, global financial information services company with over 1,900 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Its client base includes the most significant institutional participants in the financial marketplace.
For more information about Markit, please contact us at any of our regional offices
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