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MarkitSERV? - Meaning

A joint venture between the DTCC and Markit? which provides affirmation, Confirmation, Novation consent, clearing and portfolio reconciliation tools for Over-the- Counter (OTC) derivative transactions. MarkitSERV automates workflow from the point of trade execution through to managing trade lifecycle events and covers all major asset classes including credit, interest rate, equity, FX and commodity derivatives.

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