We are delighted to announce that BMLL has won ‘Best Collaboration/Alliance Initiative’ at the American Financial Technology Awards 2024 for its partnership with QuantHouse. These awards recognise excellence in the deployment and management of financial technology within the asset management and investment banking communities.
In April 2024, Iress announced that its QuantHouse division entered into a global partnership with BMLL, bringing together QuantHouse’s real-time data services and BMLL’s best-in-class, full-depth historical order book data.
The joint offering supports the buy-side community in understanding market behaviour and testing investment strategies. It enables asset managers and hedge funds to backtest trading strategies and move into production with new ease and speed, accelerating time to insights and time to market and enhancing their ability to respond effectively to market changes.
The QuantHouse / BMLL partnership removes cost and complexity, and significantly lowers the barriers to entry for financial institutions. Users benefit from immediate and flexible access to full-depth, real-time and historical order book data, gain a deeper understanding of liquidity dynamics and generate alpha more predictably, without the burden of data engineering and infrastructure on their P&L.
Paul Humphrey, CEO of BMLL, said: “We are delighted to be recognised for the ‘Best Collaboration Initiative’ for our partnership with QuantHouse at the WatersTechnology American Financial Technology Awards 2024.
Across the industry, sophistication levels are increasing and market participants need easy access to both historical and real-time data that is ready-to-use, to support trading strategies and execution performance. This collaboration is another part of our strategy to democratise data and analytics at scale and address common industry challenges.”
