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Markit Completes Acquisition of ClearPar

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.

Podcast

In a podcast, a panel explores the evolution of the CCP landscape for OTC derivatives and the operational challenges firms face in adapting post-trade processes to meet the requirements of a future CCP clearing environment.

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04/10/2012 - 11:51