BMLL wins ‘Best Quant Investment Research / Data’ at the European Markets Choice Awards 2023
London, 7 July 2023: We are delighted to announce that BMLL Technologies has won the “Best Quant Investment Research / Data” award at the European Markets Choice Awards 2023. The award recognises excellence in institutional trading and technology, including buy-side traders, sell-side execution desks, exchanges and trading platforms, incumbent technology providers, and emerging fintech firms.
BMLL was awarded “Best Quant Investment Research / Data'' for BMLL Vantage, which was launched in October 2022. BMLL Vantage is the 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.
Market participants face increasing data-driven problems but there is a real lack of quant resources across the industry. BMLL Vantage brings data science and quant analytics capabilities to all market participants. They can now derive meaningful insights by accessing, analysing and querying the most granular Level 3 order book data without having to code; creating analytics visualisations from full depth order book data; collaborating and sharing insights with clients and teams for faster decision making.
Use cases for BMLL Vantage include venue comparison to analyse different markets; smart order routing and trading mechanisms to understand where orders are likely to get filled; liquidity provision to understand what is addressable liquidity; and closing auction visualisations.
With a few clicks, 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.
Paul Humphrey, CEO of BMLL Technologies, said: “We are very excited to win the Markets Choice award specifically for providing quants and researchers with the most granular Level 3 Data, the BMLL Vantage and compute environment to carry our market microstructure research across equities and futures.
We are proud of our long standing history of working with leading industry quants, from systematic hedge funds to banks and brokers, and world-class academic institutions who use BMLL to ensure that they spend less time gathering, formatting and cleaning data, and more time deriving valuable insights.”
BMLL gives 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 as well as advanced pre and post-trade analytics on a global scale.
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.