MarkitSERV was formed in 2009 by combining  the flagship electronic trade confirmation, position reconciliation and related workflow platforms from our parent companies (Markit and DTCC) to provide a single gateway for over-the-counter (OTC) derivative transaction processing globally.

Markit is a leading global financial information services company with more than 1,500 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Its client base includes the most significant institutional participants in the financial market place.

Markit was founded in 2001 as the first independent source of credit derivative pricing and has rapidly grown both organically and through strategic acquisitions. Today, their data, valuations and trade processing services are regarded as a market standard in the global financial markets.

Clients include hedge funds, asset managers, central banks, regulators, rating agencies and insurance companies. Markit provides round-the-clock support from offices in London, New York, Dallas, Toronto, Amsterdam, Frankfurt, Luxembourg, Tokyo and Singapore.

For more than 30 years,The Depository Trust & Clearing Corporation (DTCC)’s family of companies has helped automate, centralize, standardize and streamline processes that are critical to the safety and soundness of the capital markets.

DTCC, through its subsidiaries, provides clearing, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks.

DTCC's depository provides custody and asset servicing for 3.5 million securities issues from the United States and 110 other countries and territories, valued at $28 trillion. In 2008, DTCC settled more than $1.88 quadrillion in securities transactions.

DTCC operates through seven subsidiaries - each of which serves a specific segment and risk profile within the securities industry.