Markit Appoints Anna Mazzone as Head of Sales and Marketing for BOAT
London – Markit, the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets, has appointed Anna Mazzone as Head of Sales and Marketing for BOAT, the MiFID-compliant trade reporting platform. Markit has managed BOAT’s business operations since January this year.
Mazzone joins Markit as a director reporting to Mike Rushmore, Executive Vice President and Global Head of Sales and Marketing. Her responsibilities include the distribution of BOAT’s three key services:
• BOAT Trade Reporting which will enable clients to report their OTC equity trades in compliance with MiFID
• BOAT Data which will allow clients to view OTC equity market data, and
• BOAT Datafeed, a service designed for algorithmic trading.
Prior to joining Markit, Mazzone worked at SuperDerivatives for two years where she was responsible for European sales and customer support. Previously, she was a senior vice president at Reuters responsible for global accounts and product management.
Mike Rushmore, Global Head of Sales and Marketing at Markit, said: “I am delighted to welcome Anna to the Markit BOAT team. With twenty-two of Europe’s largest financial institutions already subscribing to the platform, BOAT will provide a comprehensive view of the European OTC equity market. Anna’s knowledge of the market data sector will prove invaluable as she communicates the benefits of BOAT’s unique dataset to financial institutions across Europe.”
Anna Mazzone, Head of BOAT Sales and Marketing at Markit, said: “Much has been said about the burden that MiFID is putting on financial institutions but there has been little discussion about the opportunities it will bring. BOAT capitalises on these opportunities and I look forward to developing the sales effort around this innovative product in the coming months.”
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For further information, please contact:
Caroline Lumley
Associate, Corporate Communications
Markit
Tel: +44 (0)20 7260 2047
Email: caroline.lumley@markit.com
About Markit
Markit is the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets. The company receives daily data contributions from 90 dealing firms, and its services are used by almost 1,000 institutions to enhance trading operations, reduce risk and manage compliance. For more information, see www.markit.com
About BOAT
BOAT is a pan-European trade reporting platform launched to address the regulatory changes brought about by MiFID. BOAT will enable market participants to report OTC trades in equities, in compliance with MiFID, and will pool and disseminate both pre-trade quotes and post-trade reports. Twenty-two leading investment houses, representing 65% of the daily volume of OTC trades in the European Economic Area, will use BOAT from 1 November 2007 to meet their OTC equity pre- and post-trade MiFID reporting obligations.
BOAT is owned by a consortium of nine leading investment banks: ABN AMRO, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Merrill Lynch, Morgan Stanley, and UBS.