BMLL Wins ‘Best Managed Services Solution for Market Data’ at the TradingTech Insight USA Awards 2023
New York / London, 12th June 2023: We are delighted to announce that BMLL has won ‘Best Managed Services Solution for Market Data’ at the TradingTech Insight USA Awards 2023. These awards recognise excellence in trading solutions and services for capital markets, and focus on vendors providing exceptional and innovative trading infrastructure, technology, and data solutions dedicated to the challenges faced by firms operating in the US trading environment.
BMLL was awarded “Best Managed Services Solution for Market Data” for providing its Level 3 data and advanced pre and post-trade analytics to banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions and regulators. BMLL gives them the ability to understand market behaviour, accelerate research, optimise trading strategies and generate alpha more predictably.
BMLL’s data is available via BMLL Data Lab - which allows users to perform scalable research without the burden of data engineering; BMLL Data Feed - which gives users actionable insights into venue or trading performance; and BMLL Vantage - the intuitive, no-code data visualisation tool covering European and US Equity and ETF venues.
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.
BMLL data and analytics are delivered as Data Science as a Service; BMLL takes care of data engineering to improve research and analysis performance while enabling users to focus on their business.
Paul Humphrey, CEO of BMLL, said: “We are delighted to have been recognised for the “Best Managed Services Solution for Market Data” at the TradingTech Insight USA Awards 2023. This is only possible due to our excellent data science and technology teams. They work tirelessly to enhance our data and analytics capabilities to the benefit of our global customer base.”
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 its 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.