Mark-It Expands RED, Targets Growth

ORGANIZATION & STRATEGY

Mark-It Partners, a St. Albans, UK-based provider of credit and loans pricing data, has nearly doubled the number of clients of its Reference Entity Data (RED) service since its launch last September.

Penny Davenport, RED director at Mark-It, says that in the last two weeks RED has signed four new clients, including two buy-side firms, bringing the total to 26 customers. This is up from 14 when Mark-It took over RED last year (IMD, Sept. 29, 2003).

Davenport declines to name the new clients yet

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