London / New York, 29 September 2023: We are delighted to announce that BMLL has won “Best Data Science Solution” at the Data Management Insight Awards USA 2023. These awards recognise established solution vendors and innovative newcomers providing leading data management solutions, services and consultancy to capital markets participants across North America.
BMLL was awarded “Best Data Science Solution'' for BMLL Vantage, a highly intuitive, no-code data and analytics visualisation tool that makes quant insight available to a broader user base while freeing quants’ time to focus on deeper research.
BMLL Vantage brings together exceptional granular insight to all market participants, including sales traders, analysts, quants, exchanges and ETF issuers, by providing over 485 metrics derived from BMLL Level 3 Data, covering European and US Equity and ETF venues.
Paul Humphrey, CEO of BMLL, said: “We are excited to win the ‘Best Data Science Solution’ category at the Data Management Insight Awards USA 2023. With BMLL Vantage we are empowering all market participants with a no-code data analytics visualisation tool that is intuitive, easy-to-use, and enables users to make better informed decisions across their organisation.”
With a few clicks, BMLL Vantage users can look at daily, monthly or annually aggregated data sets and correlations between them; compare how stocks performed on different markets; and sort and explore the data via simple and easy-to-use dashboards without requiring a quant analyst, data science or cloud computing resource. What’s more, they can easily construct a ‘market view’, come back to run the same analysis on a daily basis, share that view across the team with its built-in collaboration functionality and even export plots and data for further analysis.
About BMLL Technologies
BMLL Technologies is the leading, independent provider of harmonised, Level 3 historical data and analytics to the world’s most sophisticated capital market participants, covering European and US equities and ETFs as well as global futures.
BMLL offers banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions and regulators immediate and flexible access to the most granular Level 3, T+1 order book data and advanced pre and post-trade analytics. BMLL gives users the ability to understand market behaviour, accelerate research, optimise trading strategies and generate alpha more predictably.
Founded in 2014 in the machine learning laboratories of the University of Cambridge, the platform enables researchers and quants across global financial services firms to apply complex statistical techniques to BMLL’s unique big-data sets with applications such as market impact, pre and post trade analytics, order book simulation and compliance. Users no longer need to buy, curate and harmonise data. With BMLL, they gain cost-effective, instant access to a cloud-native Data Science environment via a single web portal, with a long history of the most granular, full order book data across global equities, futures and ETFs for back-testing and simulation, delivered directly into their workflows.
BMLL secured $26 million in their Series B funding round in Q4 2022, led by Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund to fuel further product and geographic expansion. Snowflake Ventures joined the investment round in September 2023.