New Jersey-based credit risk analytics specialist Quantifi has integrated Markit’s mark-to-market credit default swap (CDS) pricing into its credit models.The inclusion of Markit’s benchmark pricing will help Quantifi’s customers automatically calibrate credit derivative models, pricing tools and risk applications.
London-based Markit provides independent mark-to-market credit default swap pricing on over 2,700 individual entities and tiers of debt, using daily price data from over 50 dealers.
"Quantifi’s integration of Markit pricing will enhance mutual customers’ risk management capabilities,” claimed Mark Hunt, director of product development at Markit in London.
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