August 19th, 2008 | Public Announcements

London, New York, NY and Dallas, TX - Markit, the financial information services company, and JPMorgan today announced that they have agreed to terms under which Markit will acquire J.P. Morgan FCS Corporation (“FCS”). FCS is the leading provider of portfolio and risk management software and services to syndicated loan market participants, including the Wall Street Office family of products.

The combination of FCS and Markit brings together highly complementary data and software services. The combined entity will be the leading provider of independent loan market data and software, currently used by over 400 financial institutions to manage over $1 trillion in assets. This will reinforce Markit’s position in the global credit markets, and enable the firm to develop and deliver innovative solutions to improve operational efficiency and transparency in the loan markets.

May 2nd, 2008 | Public Product Release

In this latest version of WSO Compliance, the following features have been added:

• Optimized handling of edits throughout the program and database.
• Improved hypothetical trade flexibility and ease of use.
  • Users may add any issuer or asset fields to the trade screen.
  • Users may enter data directly into the accrued interest screen and no longer have to drill down to the Assets datasheet.
• Added ability to calculate the Discounted Obligation amount for an asset at the trade level.
  • FIFO, LIFO, Highest Cost, Lowest Cost, Weighted Average are now supported.
• Added additional user control of cash treatment when running Settle date reporting.
  • Users may choose either Settle or Receive date for including cash transactions in the collection period.
  • Users may choose to include only cash transactions marked as received in Cash Account Manager.