London, 12 March 2021

We are delighted to announce that BMLL Technologies has won the “Best Data Science Solution Provider” award at the 2021 HedgeWeek European Awards on 11 March 2021. Nominees were selected by a survey of over 100 hedge fund managers, and voted on by almost 20,000 industry participants.

BMLL was recognised by hedge funds for providing historic Level 3 order book data in a completely harmonised and information rich format alongside a comprehensive suite of analytics, all easily delivered and accessible in daily workflows.

There is an ever increasing demand by hedge funds for more granular quality data in order to improve alpha generation and mitigate risk. The BMLL Data Lab enables them to unlock the full predictability of pricing data, and go beyond the top of the order book to analyse long-term trends and backtest strategies with the singular aim of improving trading decisions and overall performance.

Paul Humphrey, CEO of BMLL Technologies, said: “We are very excited to be recognised by the hedge fund industry for the quality of our data science offering. Access to harmonised Level 3 data through the BMLL Data Lab allows our hedge fund clients to find alternative sources of alpha generation.

He added: “I’d like to thank our incredibly talented team for their continued dedication in building industry-leading analytics products for the hedge fund industry”.

ENDS

About BMLL Technologies

BMLL Technologies is a financial data engineering and data analytics company serving the world’s most sophisticated market participants. BMLL specialises in providing clients access to granular order book data and advanced analytical power at unparalleled speed and scale. Born out of the machine learning labs in the Engineering Department at Cambridge University, the platform allows financial services firms to apply complex statistical techniques to niche big-data sets and perform machine learning on Level 3 order book data with applications such as market impact, pre & post trade analytics, order book simulation and compliance. The offering means clients no longer need to buy and curate the data from global exchanges, instead are offered cost effective access to the full order book with a long history for back-testing.

For more information, please visit our website, www.bmlltech.com or visit our Twitter @bmlltech.