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News: Markit buys out DTCC from MarkitSERV

07 April 2013 | Bill Hodgson

The JV between DTCC & Markit which combined the original confirmation / affirmation business of SwapsWire & DerivSERV has now become solely owned by Markit. See Press Release. I wonder if the SERV will be replaced with Place.


Comments

Yes, I think this is a commercial rather than technical change. Sent from my iPhone +44 7711 715311

Bill, Do both the solutions underlying still exist i.e. SwapWire affirmation immediately after execution vs. DerivSERV confirmation matching confortably post trade? I haven't heard much about the latter one recently.