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January 14, 2010
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.
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