BMLL Selected by EuroCTP to Supply Data Quality Calibration for European Consolidated Tape Initiative
London, 11 November 2025 – BMLL, one of the world’s leading independent providers of historical data and analytics, has been selected to support EuroCTP as part of the EU’s Consolidated Tape initiative.
One of the keys behind the future success of the consolidated tape for equities is the quality of the data itself. Thanks to this collaboration, EuroCTP will be in a position to validate its data quality control designs, and calibrate the thresholds and parameters for those controls ahead of go live, should EuroCTP be selected.
BMLL’s experienced data scientists, in combination with the breadth of its data sets and flexible analytics tools, offer EuroCTP a solid base with which it will be able to breach the historical data gap inherent to a new data product launch at onset. In addition to providing access to its data sets covering more than 100 trading venues, BMLL will share its expertise to support EuroCTP in delivering a fully mature product by mid-2026.
Paul Humphrey, Chief Executive Officer of BMLL, said: "By offering our historical data and analytics to EuroCTP, BMLL is pleased to contribute to the implementation of the EU consolidated tape for equities and ETFs giving investors clearer, faster, and more reliable insights than ever before."
Alicia Suminski, Principal Product Manager of EuroCTP, added: “As of day one, EuroCTP has strived to develop the highest level of quality in the consolidated tape data for the European Union. By working with such an experienced provider of historical data and analytics, EuroCTP will be making it easier for everyone, from the institutions to everyday investors to access and trust the information they need.”
About BMLL
BMLL Technologies is the leading, independent provider of harmonised, Level 3, 2 and 1 historical data and analytics to the world’s most sophisticated capital market participants, covering global equities, ETFs and futures and US equity options.
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, 2 and 1 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 datasets 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.
In October 2025, Nordic Capital acquired BMLL. The investment was made in close partnership with the management team of BMLL and minority shareholder Optiver, marking a joint commitment to accelerate the company’s next phase of growth. Before this, BMLL secured $21 million strategic investment in October 2024, led by Optiver; $26 million Series B investment in 2022/2023; and $36 million in Series A and seed funding rounds.
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ENDS
Media Contact:
Sybille Mueller
Streets Consulting
+44 (0)7966 961 844
