IHS Markit and Financial Recovery Technologies Partner to Deliver Best-in-Class Asset Servicing Capabilities for Corporate Actions and Class Actions

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced a partnership with Financial Recovery Technologies (FRT), a leading provider of securities class action recovery services to the investment community. This partnership will offer best-in-class corporate actions data and processing capabilities to FRT clients while enabling IHS Markit clients to leverage world-class securities class action recovery services.

The partnership will leverage IHS Markit's unified Corporate Actions solution that brings together the power of award-winning enterprise technology solutions and managed data services that help capital market firms to reduce risk, increase efficiency and enhance service quality by streamlining, optimizing and automating the whole corporate actions workflow for all asset-classes and markets.

Financial Recovery Technologies brings technology-based services to help firms identify eligibility, file claims and collect funds made available in securities class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, FRT provides eligibility analysis, disbursement auditing and client reporting, and delivers the highest level of accuracy, accountability and transparency.

"With the increasing complexity, activity and recovery opportunities in class actions globally, we will be able to offer our clients a state-of-the-art governance and recovery solution through this partnership with FRT, helping our clients to achieve comprehensive coverage and maximize their recoveries," said Ankush Zutshi, Vice President, Corporate Actions & Securities Processing, IHS Markit.

"This partnership with IHS Markit seeks to help our clients who want greater transparency and automation into their corporate actions process," said Rob Rynd, Vice President, Global Head of Partnerships and Alliances. "The trading landscape continues to evolve with increased market complexity, particularly as investing has become more global. We see commonality in our approach to helping our clients with in-depth experts, validated data and greater automation across historically manual processes. It's this data driven digital first approach that makes a difference and has immediate impact."

With this strategic partnership, both organizations' focus on technology-driven solutions, dedicated teams of subject matter experts, and continued product innovation will improve their clients' asset servicing ecosystems for processing post-trade corporate and class action events.

About IHS Markit

IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and expertise to forge solutions for the major industries and markets that drive economies worldwide. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world's leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

The IHS Markit Corporate Actions solution connects you to leading technology and trusted data built on advanced expertise and a global community of post-trade operational experts. For more information, please visit ihsmarkit.com/corporate-actions

About Financial Recovery Technologies

Founded in 2008, Financial Recovery Technologies (FRT) is a leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. Financial Recovery Technologies is a Cross Country Group company. For more information, go to www.frtservices.com.