Mark-it Partners, the London credit derivatives and cash credit instruments daily pricing service, has expanded its software development team with the appointment of Ian Scott.

Previously at web-based content management system Mediasurface, Scott will work with the development team to improve the Mark-it daily credit pricing system through Java technology. Mark-it contributing partners including ABN Amro, Bank of America, Salomon Smith Barney, Credit Suisse First Boston and Dresdner Kleinwort Wasserstein feed current and historical credit data into the Mark-it system daily.