Markit hires credit derivative valuations specialist

Markit has hired Vaughan Harding as a director in its valuations group in London.

Harding will focus on expanding the data and price verification firm's credit derivative valuation service.

Prior to joining Markit, Harding was at Commerzbank, where he ran the price verification teams, globally - covering all asset classes.

Before this, he worked at Citigroup in credit derivatives product control, and at Bank of America in interest rate and currency derivatives product control.