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Markit Ramps Up Efforts on Boat, Buys Out Consortium, Grows Staff

Data and valuations vendor Markit looks keen to ramp up sales at Boat, the MIFID-compliant OTC trade reporting platform, as it buys out Boat’s nine bank owners and advertises for senior sales and technology management executives. Commenting on the purchase, Will Meldrum, managing director and head of Boat at Markit, said: “We look forward to launching second-generation products in the coming months.”



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