Crédit Agricole Indosuez (CAI), the investment bank, has become the first French bank to sign up to Mark-it Partners, the London-based pricing service for credit derivatives and cash credit instruments which was launched in January.

CAI will supply daily credit pricing data to Mark-it in return for receiving Mark-it's mark-to-market valuations for credit default swap (CDS) and bond positions each day. The French bank will also have access to Mark-it's CDS issuer and sector curves.