Best third-party valuation provider: Markit

Markit retained the award for best third-party valuation provider this year. Kevin Borrett, the company’s managing director of portfolio valuations, attributes its success to the range and accuracy of its coverage, which spans rates, credits, equities, commodities and foreign exchange, as well as more exotic products.

“The financial crisis has focused the minds of not just the regulators but investors on transparency and valuation practice,” he says. “That has created a headwind where people have