Posted on Wednesday, August 07, 2013
The Salisbury International Internship Stipend took Kathryn Middleton '14 from New York to London to India, thanks to an internship with Markit, a leading global financial information services company.
Markit, whose chief operating officer is HWS Trustee Calvin "Chip" Carver Jr. '81, serves clients in the most significant institutions of the financial marketplace. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency.
Middleton worked in the Evaluated Bonds (EVB) product division, which provides the fixed income market with independent pricing data on corporate, government, sovereign and agency bonds across the investment grade and high yield universe.
"Throughout my internship I have been exploring different areas from EVB globally, product releases, and reference data," Middleton said during her summer internship. "Learning about all these different aspects allows me to get a holistic view of the EVB process."
In the New York office, Middleton was introduced to the nuances of the EVB process and the glitches that occurred in the development and product delivery process.
"In the beginning of the internship, my main focus was to understand Markit as a company and how it functions between the different products and teams and among the different countries it operates in," Middleton said. "When I arrive in Noida, I was put in charge of a specific case study to figure out why certain operational incidents had occurred in the EVB process and to develop solutions."
Middleton, a computer science major, said Markit fit her "ideal career profile" in part because "I love programming, but I hope to do more than writing code all day." At Markit, she said she's learned how to "translate what the stakeholders want and put it in a way for the programmers to understand, and trying to find solutions to make this process better."
The last portion of her internship took her to New Delhi, India, where Middleton spent time outside of work traveling to cities like Jaipur and Agra, the site of the Taj Mahal.
Middleton's internship experience was made possible by the Salisbury Stipend, one of the most ambitious programs in the Colleges' history. Created by Honorary Trustee Charles H. Salisbury Jr. '63, P'94, L.H.D.'08, former chair of the HWS Board of Trustees, the fund provides financial support for each for three students interested in pursuing an international internship experience in a location of the student's choice. By supplementing classroom education with internship experience, students gain a practical understanding of the demands and rewards of future career opportunities, as well as an opportunity to test their skills and realize their potential.