We are delighted to announce that BMLL has won “Best Buy-side Analytics Tool” at the Waters Technology Buy-Side Technology Awards 2023. These awards recognize market-leading technologies developed specifically for use by buy-side firms, as well as innovation and addressing the buy-side's most pressing business, regulatory, operational, and technology needs.

BMLL was awarded “Best Buy-side Analytics Tool'' for BMLL Vantage, a highly intuitive, no-code data and analytics visualization tool that makes quant insight available to a broader user base while freeing quants’ time to focus on deeper research.

BMLL Vantage is used by market participants to understand where liquidity lies, carry out venue comparisons, conduct auction analysis and optimize trading and execution. 

BMLL Vantage users include:   

• Sales traders - to understand market fragmentation, liquidity profiles, and how different trading mechanisms impact available liquidity

• Exchange analysts - to understand how their venue compares to their peers, analyze market share moves, order resting times and fill probabilities

• ETF issuers - to understand how their products are competing across different markets

• Quant researchers who need to derive valuable insights rapidly. They are empowered with a flexible exploratory tool that allows them to spot trends before using the BMLL Data Feed or the BMLL Data Lab to run queries on the relevant underlying data

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.

Paul Humphrey, CEO of BMLL, said: “We are delighted to win the ‘Best Buy-side Analytics Tool’ category at the Waters Technology Buy-Side Technology Awards 2023.  “BMLL Vantage is an out-of-the-box data science and visualization tool which continues our mission of democratizing access to the most granular Level 3 market data and analytics by removing the need to code in order to derive meaningful insights.”

BMLL Vantage provides all market practitioners with complete market transparency across the BMLL Equities, Futures and ETF universe from over 75+ execution venues and covering 485 metrics that are categorized in 14 groups: auction analysis; volatility; execution market impact; trade quality; trade prices; liquidation cost; OHLC bars; depth liquidity; spread; liquidity classification; venue price quality; order placement statistics; order fill behavior; and liquidity around BBO.