FactSet and BMLL provide cloud-based granular historical tick data & analytics

FactSet (NYSE:FDS | NASDAQ:FDS) delivers financial data, analytics, and open technology in a digital platform to help approximately 180,000 users see more, think bigger, and do their best work. They empower the financial community to acquire new insights with access to comprehensive and contextualised content, multiply their effectiveness with flexible next-generation workflow solutions powered by innovative technologies, and achieve more with the support of specialist teams committed to client success. FactSet provides market data, fundamental and alternative datasets backed by advanced data connectivity solutions.

BMLL and FactSet have joined forces to deliver BMLL's high quality historic data sets to FactSet's empowered user base. The collaboration represents a continuation of FactSet’s strategy to provide innovative cloud solutions that help clients modernise and improve their market data technology and reinforces the company's commitment to expand its real-time data and tick history capabilities.

BMLL’s high-quality, cloud-native data and analytics offer the breadth and depth of venue coverage that seamlessly complement the needs of FactSet clients across a wide range of use cases, including Quant Research, Back Testing, Best Execution, Transaction Cost Analysis (TCA), Compliance, Surveillance and Risk.

The initial release of the FactSet-BMLL offering includes “Market by Price” Level 2 Tick History, which addresses the data quality challenges with current industry Level 2 offerings. By building upon BMLL’s leading historic Level 3 data engineering capabilities, FactSet is bringing a best-in-class Level 2 product to market, equipping clients with deep market insights and real-time data.

Through the joint solution with BMLL, clients can now access Level 2 Data via the same symbology and APIs as the Level 1 Tick History on a common delivery platform to accelerate research, optimise workflow and trading strategies, and generate alpha at speed and scale.

Find out more

FactSet and BMLL Technologies Collaborate to Provide Cloud-Based Granular Historical Tick Data & Analytics: Read the press release

Watch the on-demand webcast ‘Optimize Execution Analysis with Comprehensive Tick Data’

Granular tick data combined with cloud sharing allow for optimized execution analysis: Read the blog article