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

A-Team Insight Blogs

TSE and Markit Sign Cooperation Agreement for Potential Valuations JV

Subscribe to our newsletter

Tokyo Stock Exchange Group (TSE Group) and Markit Group have signed a cooperation agreement, under which the two parties will work together to examine the feasibility of potential business alliances for areas including valuations and indices. The memorandum of understanding, which was signed on 28 October, includes the foundations for the establishment of a joint venture company if necessary.

The agreement includes the potential for the joint promotion and distribution of appraisal and valuation services for financial instruments and the development of new indices in the Japanese market and promotion of utilisation of various indices, including ones owned by Markit, for actual trading activities. It also includes distribution tie-ups for information contents and cooperation to promote the improvement of the infrastructure of post-trade operations in the OTC derivatives market in Japan.

Atsushi Saito, president and CEO of the TSE Group, explains: “Recently, there have been growing demands for a more transparent evaluation of portfolios, as well as more reliable and efficient post trade operations for financial instruments. This opportunity will allow us to examine the possibility of business cooperation in such areas as providing objective appraisal services for financial instruments, developing new financial products using knowledge of indices owned by the company, and promoting electronic post-trade administration for OTC derivatives.”

Katsumi Mizutani, president of Markit Group Japan, adds: “Proper delivery of price information for the assets with less liquidity is getting more important and market participants desired to obtain a means or solution to prepare for volatile market conditions. At the same time, promotion of STP processing in OTC post-trade activities will contribute a lot to reduce operational risks in the financial institutions. It is important to develop momentum in the market by making this announcement of a partnership between two major companies in the Japanese capital market.”

TSE and Markit have indicated that they will establish a taskforce to conduct discussions on the feasibility of these projects and will make an announcement on the details when a specific agreement has been reached.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...

BLOG

ESMA’s “Data Day” and Regulatory Digitalisation

When ESMA convened its first ‘Data Day’ on 2 December 2025, the agenda title – “Burden reduction in the digitalisation era” – captured a shift that has been building across Europe’s regulatory landscape for several years. While markets been advancing shared data models and machine-executable reporting logic through initiatives such as the Common Domain Model...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Alternative Trading Systems Directory 2010

The year since we launched our first edition of the A-Team Alternative Trading Directory has passed by in a flash (no pun intended). And while the rate of expansion of the alternative trading system sector may have slowed – even consolidated somewhat – in the more established centres, their onward march continues both in terms of credibility, and of uptake...