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MARKIT Completes Acquisition Of Wall Street On Demand

Date 08/07/2010

Markit, a leading, global financial information services company, today announced that it has completed its acquisition of Wall Street On Demand. Wall Street On Demand is a leading provider of services in the design, development and hosting of financial services websites, reports and tools.

This acquisition will enhance Markit’s ability to deliver products and services to its clients and will accelerate the distribution of Wall Street On Demand’s tools and web applications to the financial services industry. Existing clients of Wall Street On Demand will benefit from Markit’s deep content set.

Lance Uggla, Chief Executive Officer of Markit, said: “We are pleased to have completed our acquisition of Wall Street On Demand and we can now start working on delivering our content over the web in an innovative, exciting way. We will also work with other providers in the financial services industry to help them distribute and monetise their content set.”

Jim Tanner will continue to lead Wall Street On Demand’s service offering and all its employees will continue to be based in Boulder, Colorado.