Markit and S&P’s Cusip Service Bureau Partner for Universal ID for Loan Market

Following its announcement at the start October that it would be partnering with Standard & Poor’s (S&P), Markit indicates the two vendors are now working together to create a universal identification system for the loan market. The vendor is partnering with S&P’s Cusip Service Bureau with the aim of improving transparency and liquidity in the syndicated loan market and will facilitating the clearing and settlement of trades, says Armins Rusis, executive vice president and global co-head of fixed income at Markit.



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