Markit Announces Partnership with Delhi Technological University

LONDON and NOIDA, India, November 21, 2013 /PRNewswire/ --

Markit, a leading, global financial information services company, today announced it has launched a capital markets course designed to give Delhi Technological University (DTU) students an insight into the world of finance.

"RE-FINE (RE-engineer for FINancial markEts), a DTU - Markit Initiative" covers the fundamentals of finance including financial instruments such as derivatives, bonds, equities and loans. The course will provide DTU's engineering and MBA students with a solid understanding of global capital markets and help them start a career in the financial industry. Markit provides this course free of charge to the students and the university.

RE-FINE was launched on October 23^rd 2013 at an event attended by Sid Banerjee, managing director and head of Markit in India, Prof P.B. Sharma, vice chancellor of DTU as well as members of Markit's management team in India and professors of DTU departments.

Sid Banerjee, managing director and head of Markit in India, said: "We are delighted to be forging this innovative partnership with DTU, one of the most prestigious education institutions in India. The financial industry offers some very exciting opportunities and we want to help DTU's students prepare for a successful career.

"RE-FINE is run by experienced Markit professionals, who are leaders in their field.  We believe this will enable students to acquire deep domain understanding and an insight into the financial industry through interaction with our experts.

"We look forward to working with DTU's esteemed faculty and students and are confident that this will mark the beginning of a successful partnership between DTU and Markit."

Prof. P.B. Sharma, Vice Chancellor DTU, said: "Programmes such as RE-FINE are the best way to create the desired partnership between academia and industry and prepare engineering and MBA students for the knowledge economy. I look forward to exploring additional avenues for DTU's collaboration with Markit."

Markit has had a presence in India since 2004 and currently employs 600 staff engaged across Markit's businesses, including development, testing, analytics, data mining and management. Markit's state-of-the-art Noida office is the company's third largest after London and New York.

Notes to Editors

About Markit

Markit is a leading, global financial information services company with over 3,000 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Its client base includes the most significant institutional participants in the financial marketplace. For more information, please see http://www.markit.com.

For further information, please contact:
Caroline Lumley
Markit
Director, Corporate Communications
Telephone: +44(0)20-7260-2047
Email: caroline.lumley@markit.com

SOURCE Markit