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Mark-it Partners acquires LoanX; HyperFeed and Savvis release data-delivery-utility solution; Thomson Financial offers applications on RadianzNet; RIXML releases new version of investment-research standard.

Mark-it Partners, a credit-pricing-information company offering current and historical credit data from banks including ABN Amro, Bank of America and CitiGroup, among others, will soon acquire LoanX. LoanX is a multi-dealer U.S. platform for providing syndicated loan data. The combined company, which will be supported by more than 100 financial institutions globally, will offer market participants pricing across multiple asset classes through a single delivery platform. Each day, the integrated company will collect, audit, map and distribute market valuations on corporate bonds, credit-default swaps and syndicated-bank loans.

Savvis Communications, a St. Louis-based managed-services provider, has aligned with Chicago-based HyperFeed Technologies to launch Savvis Data Delivery Utility. The solution is a global network-distribution service for real-time financial content. The service will also offer end-to-end Service Level Agreements. The solution, which is being marketed to exchanges, financial institutions, content providers and applications developers, will combine HyperFeeds' Managed Exchange Platform Service and H!Box software with global infrastructure, management and monitoring systems from Savvis. The result will be a utility service for normalizing, data-basing, integrating and transmitting real-time direct data sources.

Thomson Financial clients in Europe and Asia will now have access to applications on a market-communications infrastructure from Radianz. Thomson One, a framework incorporating content sets and applications including First Call, SDC Platinum and Autex, will be using RadianzNet to reach its clients. Clients already using RadianzNet will have access to Thomson One and other Thomson applications in just over a week.

The newest version of the investment-research standard, RIXML, has been released by RIXML.org, a consortium of buy- and sell-side global market participants. Updates to the standard include incorporating taxonomies to address rating for the equities- and fixed-income markets. In addition, enhancements include renaming the recommendation element to rating, and renaming buy, hold, sell, and no recommendation to positive, neutral, negative sentiment, or no rating, respectively. The new version also adds a rating-relationship indicator for rating context, and a volatility indicator to signal potential-price fluctuation.

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