About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Markit Document Exchange’s Davenport Departs for Pastures Unknown

Subscribe to our newsletter

Following three years at the helm of Markit Document Exchange, Penny Davenport has opted to head for pastures new. As managing director and head of Markit’s documentation library since its launch back in 2008, Davenport has helped the document platform to gain critical mass and extend its reach to other areas such as reference data sets and entity data.

Davenport first joined Markit as a director back in 2003 to head reference data focused initiatives, with responsibility for the integration and ongoing management of the vendor’s reference entity database (RED). This included all aspects of development, as well as driving industry adoption of RED codes as a standard for trade matching and settlement.

Prior to this, Davenport worked for Lombard Risk Systems where for two years prior to her departure she was managing director of the Valuation Services Division with responsibility for managing the ValuSpread product and team.

No doubt Davenport’s risk and data management experience will stand her in good stead for any future roles in the financial services industry.

Markit Document Exchange is essentially aiming to eventually become a one stop shop for all the data needed from the buy side in order to provide the industry with real efficiency and risk management benefits. The vendor is attempting to extract value out of the documents stored on its platform, which was established in order to allow financial institutions to post, manage and share these compliance, counterparty credit and regulatory documents securely.

The vendor has also partnered with other vendors in the reference data space, including DTCC owned entity data specialist Avox and OTC derivatives documentation specialist DocGenix.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to optimise the business value of your data using agile data governance

Data governance is transforming from a risk management and compliance tool with limited and prescriptive controls, to a solution that can help you optimise the business value of your data. In this role, data governance must scale to manage rising volumes of data, more and different data types, and changing user requirements, while continuing to...

BLOG

A-Team Group’s Data Management Summit is Back in Town – Don’t Miss It!

A-Team Group will be live in London on Wednesday 11 May hosting its renowned Data Management Summit – and you are invited. This year’s London event will push the boundaries, with leading data practitioners, innovators and vendors covering everything from data-driven business strategy to data monetisation, perpetual KYC, data fabric, ESG data, value-added data governance,...

EVENT

TradingTech Insight Briefing New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Corporate Actions Europe 2010

The European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the...