Mark-It buys Loan-X, grows credit coverage

Tech news

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Mark-It Partners, a provider of cash bond and credit default swap pricing data, has acquired Loan-X, a provider of loan pricing data.

According to Lance Uggla, founder and chief executive of Mark-It: “We have a cash securities database and reference entity data (Red) and were looking to complete our coverage of the credit asset class. Loan-X is a leader in the provision of data on loans and so it was the perfect fit.”

Both firms are based on a similar model, receiving pricing data fro

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