BMLL wins ‘Best Data Provider for Equities’ at the US Fund Intelligence Operations and Services Awards 2023

  • Data
  • 17.02.2023 01:15 pm

We are delighted to announce that BMLL has won the “Best Data Provider for Equities” at the US “With Intelligence, Fund Intelligence Operations and Services Awards” 2023. The award recognises fund service providers demonstrating exceptional client service, innovative product development, strong and sustainable business growth, those driving up service standards across the sector in the US and stand out from the crowd as the ones the big providers really want to win.

BMLL was awarded “Best Data Provider for Equities” for its continuous expansion and growth over the last year. BMLL has expanded its product offering to cover the Futures Market and launched its flagship product BMLL Vantage in Q4 2023, a no-code data visualisation platform for European, US equities and ETFs.

Most recently, BMLL secured $26 million in funding from Nasdaq Ventures, FactSet, and IQ Capital’s Growth Fund. The investment will help BMLL deliver on its razor-sharp focus on customer needs for more data coverage across an increasing number of global markets. The funding will support investment in acquiring new data sets globally; growing the BMLL engineering capabilities to integrate these new data and analytics capabilities into existing products for an ever-expanding universe of customers; and building on the existing presence in North America with the opening of an office in New York.

What’s more, latest client acquisitions include exchanges and brokers; regulators such as the Financial Conduct Authority and the Bank of England who are using BMLL data to analyse market dynamics; and academics who are conducting futures markets research using BMLL’s granular Level 3 data.

Paul Humphrey, CEO of BMLL, said: “We are delighted to have gained industry recognition for our continued growth and innovation in providing the fund management community with the data and analytics they need to make sense of market behaviour and maintain a competitive edge. ”

He added: “I’d like to thank our extremely talented team who continue to deliver outstanding products and client services, making our Level 3 data accessible to the wider market.”

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