Financial data and services provider Markit has revealed plans for a US initial public offering in which its shareholders, who are primarily banks that are its customers, will be sellers.

The company, which had previously filed confidentially with the Securities and Exchange Commission, made public its IPO filing on Monday. The filing says the London-based company plans to raise $750 million in an offering, though that amount could change by the time the firm launches a roadshow to pitch the deal to investors. Under federal law, that could come as soon as later this month.