Markit, the former Totem Market Valuations, has opened a New York City office.
Kevin Gould, Executive Vice President, will run the New York office and will be responsible for business development and sales in North America. Joining Gould are eight professionals with industry experience ranging from 5 to 20 years, enabling the UK-based company to better serve its growing North American client base and capitalize on opportunities in the rapidly expanding U.S. OTC markets.
“We have created a unique business with considerable market reach and a high level of client service. These are exciting times for us and the opening of the New York office is consistent with our goal to ensure Markit is universally recognised as the leading provider of definitive market data and associated services across all asset classes,” Gould comments.
Markit is a provider of integrated daily pricing service for global credit derivative, cash and loan instruments. The firm works with over 250 institutions globally, of which the majority are banks or hedge funds, where there is an increasing focus on independent sources of data for valuation.
The New York office is in the Times Square Tower.