Markit is making its exchange-traded fund (ETF) data available via FactSet’s workstations, broadening its availability for buy-side traders.
As part of the deal, Markit will become the primary source of ETF data for FactSet, covering over 5,000 ETFs globally issued by more than 200 providers and traded on 60 venues. FactSet is a provider of financial information and analytics and has a strong buy-side user base, according to Markit.
The service will also offer Markit’s ETF analytics, enabling traders to track ETF performance, trading risk and liquidity.
Mark Hale, senior vice president and global director of content operations at FactSet said, “The integration of the Markit ETF suite of data within Portfolio Analysis, Universal Screening and our core workstation adds to the breadth of content available to asset managers who rely on our industry leading tools. Now our clients will be able to assess ETFs in unprecedented depth along with limitless opportunities to compare to benchmarks, mutual funds and other vehicles already available on the FactSet platform.”