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Markit Group opens in Sydney

Independent data provider Markit has opened an office in Sydney. The office is Markit's first in Australia and its third in the Asia-Pacific region.

"Financial regulators around the world are very much focused on the need for accurate, independent valuations, and this focus has sharpened with the credit crisis," says David Crammond, Markit chief executive for Asia. "The Asia-Pacific region is key

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