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Markit Economics

Company

Markit is the largest of private companies the supplier of economic data, and specializes in area of the business researches which are based on a panel basis.

Owners:
IHS Markit (before IHS Inc. and Markit Ltd.)
Number of employees
2012 year
2300

Owners

+ S&P Global

The company delivers given, estimates and trade in services of processing with a broad spectrum of assets on purpose increases in transparency, risk mitigation and improvement of efficiency of transactions. The base of clients of the company includes the most influential large players of financial market.

Products & Services

For 2012 the Markit company conducts more than 50 business researches more than in 20 countries, including Great Britain, the main countries of the European Zone and the Developing European markets, the USA, Japan, China, India, Russia, Brazil, Hong Kong and also recently industrialized markets of Asia, such as South Korea and Taiwan. Also recently panels in Saudi Arabia and in the United Arab Emirates were created. In general, more than 16.000 companies from around the world monthly participate in researches.

An undisputed leader of products of the company is the monthly PMI Index which won reputation of the authoritative and leading indicator of a status of a business environment in all largest industrialized countries of the world.

In parallel with the PMI Indexes the Markit company conducts researches of performance, trends in labor market, and world business expectations.

Data are characterized as some of the most important data which are issued monthly that is especially emphasized with their extensive use by such known financial institutions what Bank of England, the European Central Bank, the Ministry of Finance of Japan, the Central Bank of Russia and also Hong Kong Monetary Authority are.

History

Markit was founded in 2001 as the first independent source of assessment of credit derivatives.