MarkitSERV, 50:50 owned by Markit and The Depository Trust & Clearing Corporation (DTCC), was launched in September 2009 with more than 300 employees globally.

MarkitSERV provides a single gateway for over-the-counter (OTC) derivative transaction processing globally. Our solution helps to reduce operational risk, streamline processing, and improve the safety and certainty of the OTC derivatives markets by simplifying and automating trade processing across the major asset classes, including credit, interest rate, equity and FX derivatives. We assist the industry in meeting challenging regulatory demands in a very dynamic environment.

More than 70 dealers, 50 inter-dealer brokers and 1,700 buy-side institutions are already connected to our service, which handled in excess of eight million confirmations in the last year.

MarkitSERV also connects dealers and their clients to central clearing counterparties (CCPs), trade repositories and third-party administrators.

This unparalleled network of participants and services positions MarkitSERV as the ultimate connection point for anyone participating in the OTC derivatives marketplace.