Paladyne and Markit team up
Markit Group and Paladyne Systems, a solutions provider for the hedge fund industry, have announced the certified integration of Markit's credit pricing and reference entity data into the Paladyne suite of products.

The two firms say that hedge fund professionals will benefit from a completely integrated credit derivative workflow within Paladyne security master and Paladyne price master products, resulting in increased accuracy, efficiency and standardisation of derivative trading with counterparties. Paladyne has integrated Markit RED, Markit iTraxx and Markit CDX index constituent data, single name credit curves and other Markit content.

MP