IHS Markit (Nasdaq: INFO), a provider of information, analytics, and solutions for the financial services industry, has had its fixed income pricing suite integrated by Jackson National Asset Management, LLC (JNAM), a wholly owned subsidiary of Jackson National Life Insurance Company, per an IHS statement.
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JNAM is an investment advisor that provides transfer agency, fund accounting, and administration services for a wide range of US clients. The selection of IHS Markit’s service suite by JNAM is important as it helps extend fixed income pricing capabilities and equity fair value solutions to the group’s operations.
According to Dan Koors, Senior Vice President (SVP) and Chief Operating Officer, JNAM, in a recent statement on the selection: “High quality, timely and transparent data is crucial to ensure our valuations processes are as accurate as possible. We are confident that Markit’s fixed income and fair value pricing services offer a best-in-class solution to meet our needs.”
“We are delighted to provide Jackson’s funds with our high quality fixed income pricing data and equity fair value solutions. Our investment in these services over the past several years underscores our commitment to this space as we experience exceptional growth and onboard clients such as JNAM,” added Kiet Tran, Managing Director and Head of Fixed Income Pricing Data at IHS Markit, in an accompanying statement.