Markit Enterprise Data Management (EDM)

Markit EDM is a data management platform that acquires, validates and distributes trade, operational, risk, finance and customer data. It creates a single, version of the truth in a consistent, fully audited environment. Firms benefit from greater control, ongoing compliance and transparency of their data.


  • Administrators
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  • Asset managers
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  • Banks
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  • Broker dealers
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  • Commodity firms
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  • Energy firms
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  • Hedge funds
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  • Insurance
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  • Pension funds
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  • Regulators


  • 200+clients globally
  • 40+managed services clients
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Product Summary

EDM is a flexible solution that pulls any data types from multiple sources into a central hub. Customers are able to streamline front, middle and back office operations and create consistent versions of data in a fully audited and transparent environment.

EDM enables firms to keep their data decentralised. The central hub simply sources, imports, validates, enriches, aggregates and distributes data across the organisation. EDM’s data lineage ensures firms are able to trace back the data. This delivers transparency on where the data came from, who touched the data and what rules were applied.

    Key Benefits

    • Data governance

      Creates a single version of the truth, data stewardship of data assets and a transparent audit trail.

    • Data quality

      Data is validated, enriched and reconciled across multiple sources reducing operational risk.

    • Data transparency

      Data lineage provides look through hierarchy and side by side source comparisons.

    • Data integration

      Internal and external data silos can be eliminated. Legacy applications and systems can be consolidated.

    • Data dissemination

      Data can be aggregated and presented in the right format at the right time as needed by each business

    • Deployment

      EDM is available as an installed or hosted solution


      • Driving Change: Data Management and Data Governance Priorities of Tier Two and Tier Three Asset Managers

        New research by IHS Markit and WatersTechnology reveals significant changes in the data management strategies and priorities of tier two and three asset managers.


        Among the most noteworthy trends identified is the elevation of data governance, which is now considered as important as data management at buyside firms. The research, which is based on a survey of 138 tier two and three asset managers across the globe, also highlights a strong focus on data quality and the creation of Performance Books of Record (PBOR).


        This white paper includes the full survey results and provides detailed analysis of current approaches to data management on the buyside.



      • IDC Financial Insights: Empowering Wealth Management Through Enterprise Data Management Technology

        Northern Trust has implemented Markit EDM to help manage its growing investment operations outsourcing function.


        This IDC Financial Insights study highlights Northern Trust’s experience deploying and using Markit EDM, including the business rationale behind the decision, results attained, lessons learned and future plans to expand its use of the platform.



      Case Studies

        • Westwood – Managed services

          Having grown quickly through acquisition, Westwood wanted to bring different business units together on a single data management platform. Time to market was of utmost importance as the firm faced a hard deadline to retire another system.


          Westwood chose the Markit EDM managed services offering because it could be installed quickly and would reduce cost while meeting the highest standards of security.


          As explained in this case study, Market EDM was fully implemented in under five months and has delivered many benefits to Westwood by operating as a central hub, which consumes, masters and validates data.



        • Principal Global Investors - Data governance and compliance

          Principal Global Investors embarked upon an overall data governance initiative across multiple time zones and systems to realise the full value of its data.


          The successful implementation of Markit EDM means the firm now has access to higher quality data with a single golden copy across all aspects of data, enabling quick resolution of discrepancies.


          Its data management team can now quickly and easily create basic rules around its data without relying on IT.



        • F&C Investments - Front to back office integration

          Having grown via acquisition over many years, F&C Investments had multiple trading, risk and compliance systems across the organisation.


          The firm deployed Markit EDM to help standardise the front office environment for portfolio management, trading, compliance and risk across multiple back office systems.


          The project was run in parallel across multiple teams and projects on the same single instance of Markit EDM.



        • Newton Investment Management - Indices and benchmark Management

          Newton Investment Management needed a data management platform to manage over 600 indices across their systems to satisfy a dynamic investment team


          Markit EDM's solution satisfied a key remit to empower users to manage, manipulate and distribute cleansed audited data to core investment management systems


          The firm has used Markit EDM as the foundation for new system implementations since 2003 with minimal support.



        • Aberdeen - Security and price master management

          Aberdeen grew from a $10 billion AUM firm in a single location to a global $140 billion firm in 8 years.


          Markit EDM was selected to provide a data control layer between the organisation and its market data vendors and outsourced back office providers.


          The platform was deployed globally, primarily as a security and price master management utility between multiple back offices, index data sources and pricing providers.



        Customer Portal


        Centre for Excellence enables customers to quickly take ownership and release the full value of their EDM platform.

        Certification is available for three different audiences: business analysts, operational end-users and IT.

        Through accreditation, members become in-house specialists, reducing security concerns and achieving a return on investment in less than six months.

        • Markit EDM Introduction Training

          The 2-day Markit EDM Introduction training course is the first part of the Markit EDM certification program, built to empower the user to design, develop and implement the Markit EDM Suite.

          The course will take delegates through the key concepts of Markit EDM that are the backbone of any Markit EDM project. Key concepts covered are:

          -Loading Data

          -Data Type Validation

          -Standardisation and Alignment

          -Security Matching

          -Data Mastering / Gold Copy Creation

          -Business Validation

          -Exceptions Management

          -Data Distribution

          -Best Practice

        • Markit EDM Advanced Training

          The 3-day Markit EDM Advanced training course completes the Markit EDM Certification Program, built to empower the user to design, develop and implement the Markit EDM Suite.

          The course will take delegates through the more advanced concepts of Markit EDM functionality, design and Best Practices.

          Please note that it is a pre-requisite to have passed the Introduction and User Interface exams before attending this course.

          Key concepts include:

          -Database Parameters

          -Version Control

          -Multiple XML File Processing

          -Markit EDM Plugins

          -Extended Data Flow features

          -Solution Looping

          -Component Migration

          -Advanced Data Matcher

          -Master Design

          -Universe Management


          -Non-standard Sources

          -Enforcement of Markit EDM Best Practice conventions and Component Usage

        • Markit EDM User Interface Training

          The 2-day User Interface training course teaches delegates how to design, develop and implement Markit EDM front-end screens that run in a browser as well as the core components that underpin this.

          As with all Markit EDM Certification courses, the User Interface course will have a ‘hands-on’ approach, whereby the delegates will follow a series of exercises to build a variety of Web UI workflows to illustrate the flexibility and variety available.

          Please note that it is a pre-requisite to have passed the Introduction exam before attending this course. Key concepts covered are:

          Core UI

           -Data Illustrator

           -Data Generator

           -Data Manager


           -Relationship to Core UI

           -Key elements

           -Dynamic usage



           -Forms vs Grid Views



           -Workflow variables

           -Element Linking

           -Single vs Multi-Page


          Design Considerations

          Best Practices

        • Markit EDM Gap Training

          The suite of 1-day Markit EDM Gap Training courses exist to highlight the key features and changes in major releases of Markit EDM and help delegates to understand how these can be applied to a new or ongoing project. Please note that it is a pre-requisite to have passed the Introduction course before attending any of the Gap courses listed below.

          Gap Training – v10 to v10.5

          This Gap course primarily focuses on versions 10.2 and 10.5 of the platform, whilst at the same time relating this information back to features introduced in version 10. New features and changes covered are:

          -Filtering Log Messages

          -Version Control

          -Database Object Builders

          -Source Change Tolerance

          -Data Matcher – ID Generator

          -Source Monitoring – Process Keys

          -Exporting Exceptions via an Inspector

          -Data Manager / Generator Form View

          -Packaging from Version Control

        • Training calendar



          Markit EDM Introduction and Advanced Training – London

          Markit EDM Introduction: February 13th – 14th

          Markit EDM Advanced: February 15th – 17th

          Markit EDM Introduction and Advanced Training – New York

          Markit EDM Introduction: February 13th – 14th

          Markit EDM Advanced: February 15th – 17th



          Markit EDM Introduction and Advanced Training – Toronto

          Markit EDM Introduction: March 6th – 7th

          Markit EDM Advanced: March 8th – 10th

          Markit EDM Introduction, UI and Gap Training – London

          Markit EDM Introduction: March 13th – 14th

          Markit EDM User Interface: March 15th – 16th

          Markit EDM v10.5 to v11 Gap: March 17th

          Markit EDM Introduction, UI and Gap Training – Boston

          Markit EDM Introduction: March 20th – 21st

          Markit EDM User Interface: March 22nd – 23rd

          Markit EDM v10.5 to v11 Gap: March 24th



          Markit EDM Introduction and Advanced Training – London

          Markit EDM Introduction: April 10th – 11th

          Markit EDM Advanced: April 19th – 21st

          Markit EDM Introduction and Advanced Training – Chicago

          Markit EDM Introduction: April 24th – 25th

          Markit EDM Advanced: April 26th – 28th

        Press Releases

        • Nov 10 2016

          LumRisk Goes Live on Markit EDM Managed Services



        • Jun 28 2016

          EDM buyside webinar with Waters Technology