Barclays links up with Mark-it

The agreement also extends to Barclays’ fund management division, Barclays Global Investors (BGI), which will use the Mark-it system globally across various functions -including assisting portfolio managers with their investment decisions and providing independent daily valuation of credit portfolios.

“We’ve anticipated the availability of independent daily credit pricing data for some time," said Justin Herlihy, principal and head of fixed-income product development in London for BGI. "Mark-It’s service will provide us with the additional market information necessary to better monitor our positions, manage our risk and support our operations.”

Lance Uggla, chief executive of Mark-it Partners, said the addition of Barclays Capital’s credit data will further enhance the depth of data coverage offered by Mark-it. At present, Mark-it’s partners include 13 major institutions. Barclays has not signed up to use the credit reference entity database, Red. Mark-it said last Monday that it intends to sign up between 12 and 20 major credit derivatives dealers to use Red within the next two weeks.

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: